English
Paperback
248 pages
Published June 2008
ISBN: 0-8213-7515-6
ISBN-13: 978-0-8213-7515-0
SKU: 17515
The ability of the media to affect outcomes in economic and political
markets has been well documented. News reporting and advertising
influence consumer behavior in goods and services markets by revealing
(or selectively revealing) information about a product, acting as
agenda setters to influence consumer demand, or enhancing competition
in markets by alerting consumers to substitutes. In political markets,
they can affect behavior by informing voters about a politician’s
views or actions, enlightening citizens to outcomes of public policy,
or taking a stance on political, social, or economic issues. For
businesses, households, and most others, the media is the main source
of information on public policy choices and current social and economic
conditions. As a result, what news the media chooses to gather, analyze
and disseminate—and the slant they choose to put on what they
report—is of consequence.
Information and Public Choice addresses the factors that
affect the content and reach of news coverage as well as its impact on
public policy. The book addresses both market constraints that affect
media—particularly news content—and the impact that news
reporting has on economic and political choices. The authors examine a
range of issues, including bias or slant in media reporting, the impact
of markets and nonmarket factors on news reporting, and the role of
government regulation of the media sector in developing countries. The
studies in this volume provide new evidence and a good summary of
previous research on the power of the media. An invaluable guide for
those concerned about the impact of media on economic and political
outcomes, Information and Public Choice draws attention to an
under-researched yet important area of economics.
"Economists have long ignored the role played by media in shaping public policy. Not anymore. This book brings together some of the most exciting research in this area, highlighting the potential distortions created by the way the media market works. It is a must read for policy makers and concerned citizens alike."
- Luigi Zingales
Professor, University of Chicago
TABLE OF CONTENTS
1. Overview: From Media Markets to Policy
Roumeen Islam
2. The Media’s Influence on Public Policy Decisions
David Strömberg and James M. Snyder, Jr.
3. National Media and Local Political Participation: The Case of the New York Times
Lisa M. George and Joel Waldfogel
4. Minority-Targeted Local Media and Voter Turnout: A Summary
Joel Waldfogel
5. I’m News, Are You? Newspaper Coverage of Elected vs. Appointed Officials
Riccardo Puglisi and James M. Snyder, Jr.
6. The Political Impact of Media Bias
Stefano DellaVigna and Ethan Kaplan
7. Market Forces and News Media in Muslim Countries
Matthew Gentzkow and Jesse M. Shapiro
8. Political Economy of Media Capture
Maria Petrova
9. Fostering an Independent Media with a Diversity of Views
Joseph Stiglitz
10. Media Regulation in the United States
Jonathan Levy
11. Aspects of Two Media Models: France and the United Kingdom and EU Media Govenance
Pierre-Yves Andrau
12. Three Countries: Three Stories
Edetaen Ojo, Ziad Majed, Bambang Harymurti
Recommended Products:
Customers who bought this product also bought:
Browse:
