Investigative journalism and media capture in the digital age

被引：4
|
作者：
Choi, Jay Pil [1 ,2 ]
Yang, Sangwoo [3 ]
机构：
[1] Michigan State Univ, Dept Econ, 220A Marshall Adams Hall, E Lansing, MI 48824 USA
[2] Yonsei Univ, Sch Econ, Seoul, South Korea
[3] Yonsei Univ, Grad Sch Econ, 50 Yonsei Ro, Seoul 03722, South Korea
来源：
INFORMATION ECONOMICS AND POLICY | 2021年 / 57卷
基金：
新加坡国家研究基金会;
关键词：
D O I：
10.1016/j.infoecopol.2021.100942
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper develops a model of investigative journalism and media capture in the market for news with the depreciation of the value of news over time and a limited exclusive supply period of original news due to copying by other media outlets. We make distinctions between traditional media outlets that engage in investigative journalism and fringe digital media that mainly copy and spread original news created elsewhere. We show that the quantity and quality of news with investigative journalism decrease and media capture is more likely as digital technologies induce a lower fixed cost of entry for the fringe firms and a shorter exclusive supply period of news. These results may explain why there is scant evidence for the conventional view that more media outlets lead to higher quality news and less political capture, despite proliferation of news and information outlets in the digital age. (C) 2021 Elsevier B.V. All rights reserved.
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页数：11
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