This blog is authored by Joshua Gans (Professor at the University of Melbourne) and is devoted to discussions of economics, strategy, occasional parenting and his own pop culture tastes.
Thursday, April 06, 2006
Media competition and media bias
There is a nice summary in Slate of a new paper by Matthew Gentzkow and Jesse M. Shapiro. They argue that a media outlet's concern for its reputation tempers potential bias. Their core argument is that competition in the media will generate a diversity of opinions and reduce overall bias. This is all related to an earlier post of mine on cross media ownership; again focusing on competition as being important rather than cross media ownership per se.
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