Journal Title /掲載ジャーナル名 |
Journal of Public Economics |
Publication Year and Month /掲載年月 |
November, 2023 |
Paper Title /論文タイトル |
News credibility and the quest for clicks |
DOI /論文DOI |
10.1016/j.jpubeco.2023.105005 |
Author of Waseda University /本学の著者 |
KAWAMURA, Kohei(Professor, Faculty of Political Science and Economics, School of Political Science and Economics):First Author, Correspoinding Author |
Related Websites /関連Web |
– |
Abstract /抄録 |
We examine a model of dynamic communication by a media outlet. In each period, the uninformed public can consult the outlet’s report at a cost. The outlet, which is primarily driven by profit maximization, has an incentive to induce uncertainty in order to encourage future consultation and thereby generate revenue. In an intermediate cost range, the public and the outlet may be worse off with a cheaper cost of access since it leads the outlet to distort information more, by making the public’s future consultation decision more responsive to the current report. |