Pin-ups and Journalists: A Model of Media Market with News and Entertainment

IF 0.4 4区 经济学 Q4 COMMUNICATION JOURNAL OF MEDIA ECONOMICS Pub Date : 2015-10-02 DOI:10.1080/08997764.2015.1094078
M. Battaggion, A. Vaglio
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引用次数: 6

Abstract

In this article, the authors model a market for news where two sources compete for the audience. Individuals are heterogeneous with respect to their tastes for the news and entertainment. The authors model endogenously the sources' choices concerning the news accuracy and the level of entertainment, together with the audience's behavior, which includes reading one or two sources as well as not reading at all. The authors provide a rigorous setting explaining why individuals get informed according to a Bayesian behavior. Then, when some individuals read more than one source, they show that the competition is relaxed and the incentives to invest in quality lacks. In this respect, pluralism, defined as the possibility to jointly resort to more than one paper, does not automatically guarantee a higher press quality.
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美女与记者:新闻与娱乐相结合的媒体市场模式
在这篇文章中,作者模拟了一个新闻市场,在这个市场中,两家新闻来源争夺受众。个人对新闻和娱乐的口味各不相同。作者内生地模拟了新闻来源对新闻准确性和娱乐程度的选择,以及受众的行为,包括阅读一两个来源和根本不阅读。作者提供了一个严格的设置来解释为什么个人根据贝叶斯行为获得信息。然后,当一些人阅读多个来源时,他们表现出竞争放松,投资质量的动机缺乏。在这方面,多元化(定义为联合使用一种以上纸张的可能性)并不能自动保证更高的印刷质量。
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来源期刊
CiteScore
0.40
自引率
0.00%
发文量
9
期刊介绍: The Journal of Media Economics publishes original research on the economics and policy of mediated communication, focusing on firms, markets, and institutions. Reflecting the increasing diversity of analytical approaches employed in economics and recognizing that policies promoting social and political objectives may have significant economic impacts on media, the Journal encourages submissions reflecting the insights of diverse disciplinary perspectives and research methodologies, both empirical and theoretical.
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