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Media diversity, advertising, and adaptation of news to readers' political preferences

机译:媒体的多样性,广告以及新闻根据读者的政治喜好改编

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摘要

In this paper, it is analyzed how advertising can affect media diversity when news firms can adapt news to readers' political preferences. In particular, in the model news firms can choose between a single- and a multi-ideology strategy (a point on the Hotelling line and a line segment, respectively). It is shown that the size of the advertising market is determinant for the equilibrium of the news market. When the advertising market is small, news firms maximally differentiate their political offers and do not adapt news to readers' political preferences (single-ideology strategy). When the advertising market is large, news firms minimally differentiate their political offers and do adapt news to readers' political preferences (multi-ideology strategy).
机译:在本文中,分析了新闻公司可以使新闻适应读者的政治偏好时,广告如何影响媒体多样性。特别是,在模型中,新闻公司可以在单意识形态和多意识形态策略之间选择(分别在Hotelling线上的一个点和一个线段)。结果表明,广告市场的规模是新闻市场均衡的决定因素。当广告市场很小时,新闻公司最大程度地区分其政治提议,并且不会使新闻适应读者的政治偏好(单一意识形态策略)。当广告市场很大时,新闻公司将他们的政治提议与众不同,并根据读者的政治偏好来调整新闻(多意识形态策略)。

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