File Download
Links for fulltext
(May Require Subscription)
- Publisher Website: 10.1016/j.ijindorg.2018.08.002
- Scopus: eid_2-s2.0-85052465967
- WOS: WOS:000445643000004
- Find via
Supplementary
- Citations:
- Appears in Collections:
Article: Downs Meets D’aspremont And Company: Convergence Versus Differentiation In Politics And The Media
Title | Downs Meets D’aspremont And Company: Convergence Versus Differentiation In Politics And The Media |
---|---|
Authors | |
Keywords | Media positions Political platforms Polarization Spatial competition Cognitive consistency |
Issue Date | 2018 |
Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ijio |
Citation | International Journal of Industrial Organization, 2018, v. 60, p. 96-125 How to Cite? |
Abstract | Media firms have incentives to differentiate their news products to soften price competition. When consumers value cognitive consistency between the news they read and the policies they support, politicians are induced to propose more polarized policies to conform to a polarized media landscape. A stronger commercial motive or a weaker preference for editorial neutrality in the media exacerbates this effect and causes party policies to become more extreme. We find that prices for news products are higher when consumers have a demand for cognitive consistency, despite the fact that maximal product differentiation does not hold for media firms. |
Persistent Identifier | http://hdl.handle.net/10722/279008 |
ISSN | 2023 Impact Factor: 1.7 2023 SCImago Journal Rankings: 1.036 |
ISI Accession Number ID |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Guo, WC | - |
dc.contributor.author | Lai, FC | - |
dc.contributor.author | Suen, WC | - |
dc.date.accessioned | 2019-10-21T02:17:56Z | - |
dc.date.available | 2019-10-21T02:17:56Z | - |
dc.date.issued | 2018 | - |
dc.identifier.citation | International Journal of Industrial Organization, 2018, v. 60, p. 96-125 | - |
dc.identifier.issn | 0167-7187 | - |
dc.identifier.uri | http://hdl.handle.net/10722/279008 | - |
dc.description.abstract | Media firms have incentives to differentiate their news products to soften price competition. When consumers value cognitive consistency between the news they read and the policies they support, politicians are induced to propose more polarized policies to conform to a polarized media landscape. A stronger commercial motive or a weaker preference for editorial neutrality in the media exacerbates this effect and causes party policies to become more extreme. We find that prices for news products are higher when consumers have a demand for cognitive consistency, despite the fact that maximal product differentiation does not hold for media firms. | - |
dc.language | eng | - |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/ijio | - |
dc.relation.ispartof | International Journal of Industrial Organization | - |
dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | - |
dc.subject | Media positions | - |
dc.subject | Political platforms | - |
dc.subject | Polarization | - |
dc.subject | Spatial competition | - |
dc.subject | Cognitive consistency | - |
dc.title | Downs Meets D’aspremont And Company: Convergence Versus Differentiation In Politics And The Media | - |
dc.type | Article | - |
dc.identifier.email | Suen, WC: hrneswc@hku.hk | - |
dc.identifier.authority | Suen, WC=rp00066 | - |
dc.description.nature | postprint | - |
dc.identifier.doi | 10.1016/j.ijindorg.2018.08.002 | - |
dc.identifier.scopus | eid_2-s2.0-85052465967 | - |
dc.identifier.hkuros | 308070 | - |
dc.identifier.volume | 60 | - |
dc.identifier.spage | 96 | - |
dc.identifier.epage | 125 | - |
dc.identifier.isi | WOS:000445643000004 | - |
dc.publisher.place | Netherlands | - |
dc.identifier.issnl | 0167-7187 | - |