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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 2018-09
上傳時間 30-Oct-2018 17:25:52 (UTC+8)
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
dc.contributor 財政系
dc.creator (作者) Guo, Wen-Chung
dc.creator (作者) Lai, Fu-Chuan
dc.creator (作者) 賴孚權
dc.creator (作者) Suen, Wing
dc.date (日期) 2018-09
dc.date.accessioned 30-Oct-2018 17:25:52 (UTC+8)-
dc.date.available 30-Oct-2018 17:25:52 (UTC+8)-
dc.date.issued (上傳時間) 30-Oct-2018 17:25:52 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/120812-
dc.description.abstract (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.en_US
dc.format.extent 931918 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 60, 96-125
dc.subject (關鍵詞) Media positions; Political platforms; Polarization; Spatial competition; Cognitive consistency
dc.title (題名) Downs meets d`Aspremont and company: Convergence versus differentiation in politics and the mediaen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1016/j.ijindorg.2018.08.002
dc.doi.uri (DOI) http://dx.doi.org/10.1016/j.ijindorg.2018.08.002