Media as watchdogs: The role of news media in electoral competition

doi:10.1016/j.euroecorev.2009.01.002

CORC > 上海财经大学 > 上海财经大学

	Media as watchdogs: The role of news media in electoral competition
	Chan, Jimmy 1; Suen, Wing 2
刊名	EUROPEAN ECONOMIC REVIEW
	2009-10
卷号	53 期号:7 页码:799-814
关键词	Media bias Cheap talk Policy convergence
ISSN号	0014-2921
DOI	10.1016/j.euroecorev.2009.01.002
英文摘要	We develop an equilibrium model to analyze the role of the media in electoral competition. When policy payoffs are state-dependent, party policies do not converge to the median voter's ideal policy if the media report only party policies. News analysis about the state, though possibly biased, can discipline off-equilibrium deviations and make the parties adopt more centrist policies. Since voters are rational, the party favored by the media need not win with a higher probability. Instead, media bias may reduce the effectiveness of electoral competition and lead to more polarized policies. (C) 2009 Elsevier B.V. All rights reserved.
WOS研究方向	Business & Economics
语种	英语
出版者	ELSEVIER SCIENCE BV
WOS记录号	WOS:000271364800006
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/2446]
专题	上海财经大学
通讯作者	Chan, Jimmy
作者单位	1.Shanghai Univ Finance & Econ, Sch Econ, Shanghai 200433, Peoples R China; 2.Univ Hong Kong, Sch Econ & Finance, Pokfulam, Hong Kong, Peoples R China
推荐引用方式 GB/T 7714	Chan, Jimmy,Suen, Wing. Media as watchdogs: The role of news media in electoral competition[J]. EUROPEAN ECONOMIC REVIEW,2009,53(7):799-814.
APA	Chan, Jimmy,&Suen, Wing.(2009).Media as watchdogs: The role of news media in electoral competition.EUROPEAN ECONOMIC REVIEW,53(7),799-814.
MLA	Chan, Jimmy,et al."Media as watchdogs: The role of news media in electoral competition".EUROPEAN ECONOMIC REVIEW 53.7(2009):799-814.