题目：A Spatial Theory of News Consumption and Electoral Competition

报告人：Jimmy Chan (上海财经大学)

时间：5月8日周二3:30-5:00pm

地点：光华楼201室

Abstract:

This paper introduces a model in which rational voters select news sources with ideological positions similar to their own. We find that extreme media out lets do not influence political outcomes, and that new entry always increases the chance that political parties adopt the policy favored by the median voter. A slightly partisan media outlet, which is trusted by the supporters of a party, is more effective than a completely centrist one in inducing the party to adopt less partisan policies. In a commercial media market, voter welfare is typically higher under duopoly than under monopoly.