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https://ah.lib.nccu.edu.tw/handle/140.119/120812
題名: | Downs meets d`Aspremont and company: Convergence versus differentiation in politics and the media | 作者: | Guo, Wen-Chung Lai, Fu-Chuan 賴孚權 Suen, Wing |
貢獻者: | 財政系 | 關鍵詞: | Media positions; Political platforms; Polarization; Spatial competition; Cognitive consistency | 日期: | Sep-2018 | 上傳時間: | 30-Oct-2018 | 摘要: | Media firms have incentives to differentiate their news products to soften price competition. When consumers value cognitive consistency between the news they read and the policies they support, politicians are induced to propose more polarized policies to conform to a polarized media landscape. A stronger commercial motive or a weaker preference for editorial neutrality in the media exacerbates this effect and causes party policies to become more extreme. We find that prices for news products are higher when consumers have a demand for cognitive consistency, despite the fact that maximal product differentiation does not hold for media firms. (c) 2018 Elsevier B.V. All rights reserved. | 關聯: | INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 60, 96-125 | 資料類型: | article | DOI: | http://dx.doi.org/10.1016/j.ijindorg.2018.08.002 |
Appears in Collections: | 期刊論文 |
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