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Graham Beattie
''Biased media in an unbiased market''
( 2017, Vol. 37 No.4 )
It is well documented that biased media coverage can arise because of biases on the part of consumers, media outlets, or advertisers. I present a model in which neither media outlets nor their consumers are biased. I show that biased coverage can occur if information is costly for media outlets to acquire.
Keywords: media bias, information acquisition, uncertainty, media economics, political economy
JEL: H8 - Public Economics: Miscellaneous Issues: General
D8 - Information, Knowledge, and Uncertainty: General
Manuscript Received : Apr 07 2017 Manuscript Accepted : Dec 01 2017

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