Department

Economics, Finance, & Quantitative Analysis

Document Type

Article

Publication Date

8-12-2015

Abstract

We present an analytical framework to compare media bias under direct and indirect government control. In this context, we show that direct control can lead to a smaller bias and higher welfare than indirect control. We further show that the size of the advertising market affects media bias only under direct control. Media bias, under indirect control, is not affected by the size of the advertising market.

Journal

Economics Bulletin

Journal ISSN

1545-2921

Volume

35

Issue

3

First Page

1709

Last Page

1717

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