政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/120812

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政大機構典藏 > 商學院 > 風險管理與保險學系 > 期刊論文 > Item 140.119/120812

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题名:	Downs meets d`Aspremont and company: Convergence versus differentiation in politics and the media
作者:	Guo, Wen-Chung Lai, Fu-Chuan 賴孚權 Suen, Wing
贡献者:	財政系
关键词:	Media positions;Political platforms;Polarization;Spatial competition;Cognitive consistency
日期:	2018-09
上传时间:	2018-10-30 17:25:52 (UTC+8)
摘要:	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. (c) 2018 Elsevier B.V. All rights reserved.
關聯:	INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 60, 96-125
数据类型:	article
DOI 連結:	http://dx.doi.org/10.1016/j.ijindorg.2018.08.002
DOI:	10.1016/j.ijindorg.2018.08.002
显示于类别:	[風險管理與保險學系] 期刊論文

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