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Unfairly Balanced: Unbiased News Coverage and Information Loss |
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Abstract:
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A majority of Americans view news organizations as politically biased, creating a strong incentive for firms to try to present themselves as impartial. This paper argues that the desire to appear unbiased leads to information loss. In the formal model, firms withhold information in an effort to appear neutral. It is shown that information loss is exacerbated by competition, policies that regulate content are welfare reducing, and that regulating the size of the market can increase the amount of information revealed. Finally, the introduction of imperfectly informed sources of news, such as blogs, can decrease the incentives for traditional news outlets to provide information, yet they may also enhance welfare when information is being suppressed. |
Most Common Document Word Stems:
n (255), j (255), 2 (255), 1 (255), inform (243), unbias (163), messag (159), altern (147), b (139), rms (136), 0 (128), +1 (106), rm (102), popul (92), 2j (87), bias (84), probabl (80), vl (79), x (74), vh (70), send (66), |
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Association:
Name: American Political Science Association
URL: http://www.apsanet.org
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Citation:
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MLA Citation:
| Burke, Jeremy. "Unfairly Balanced: Unbiased News Coverage and Information Loss" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL, Aug 30, 2007 <Not Available>. 2011-06-08 <http://www.allacademic.com/meta/p210354_index.html> |
APA Citation:
| Burke, J. , 2007-08-30 "Unfairly Balanced: Unbiased News Coverage and Information Loss" Paper presented at the annual meeting of the American Political Science Association, Hyatt Regency Chicago and the Sheraton Chicago Hotel and Towers, Chicago, IL Online <APPLICATION/PDF>. 2011-06-08 from http://www.allacademic.com/meta/p210354_index.html |
Publication Type: Conference Paper/Unpublished Manuscript
Abstract: A majority of Americans view news organizations as politically biased, creating a strong incentive for firms to try to present themselves as impartial. This paper argues that the desire to appear unbiased leads to information loss. In the formal model, firms withhold information in an effort to appear neutral. It is shown that information loss is exacerbated by competition, policies that regulate content are welfare reducing, and that regulating the size of the market can increase the amount of information revealed. Finally, the introduction of imperfectly informed sources of news, such as blogs, can decrease the incentives for traditional news outlets to provide information, yet they may also enhance welfare when information is being suppressed. |
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| Unfairly Balanced: £ Unbiased News Coverage and Information Loss Jeremy Burkey Prepared for delivery at the 2007 Annual Meeting of the American Political Science Association August 30 - September 2 2007. Abstract A majority of Americans view news organizations as politically biased creating a strong incentive for rms to try to present themselves as impartial. This paper argues that the desire to appear unbiased leads to information loss. In the formal model rms withhold information in an e ort to |
| 2006a 37(1) 155-175 [19] Ottaviani M. and P. Sorensen \Professional Advice " Journal of Economic Theory 2006b 126(1) 120-142 [20] Ottaviani M. and P. Sorensen \Information Aggregation in Debate: Who Should Speak First? " Journal of Public Economics 2001 81(3) 393-421 [21] Olszewski W. \Informal Communication " Journal of Economic Theory 2004 117 180-200 [22] Park I. \Cheap Talk Referrals of Di erentiated Experts in Repeated Relationships " RAND Journal of Economics 2005 36 391-411 [23] Scharfstein D. and J. |
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