|
| |
| Hon Foong Cheah |
| |
| ''Does Foreign Media Entry Tempers Government Media Bias?'' |
| ( 2014, Vol. 34 No.1 ) |
| |
| |
| Using a two period agency model similar to Morris (2001), I analyze the change in government media bias when individual public has access to an imperfectly informed news outlet. I found that while greater information availability reduces the government's benefit from lying -- as more information limits government's ability to influence. It also lower its cost -- as it limits future ability to influence reducing the government's incentive to build reputation. Both effects counteract one another, reducing the decrease in government media bias. |
| |
| |
| Keywords: Government control of media, media bias, independent media |
JEL: D8 - Information, Knowledge, and Uncertainty: General
|
| |
| Manuscript Received : Oct 29 2013 | | Manuscript Accepted : Mar 31 2014 |
|
