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Applied Micro Workshop – Felix Anand Chopra, “Do People Value More Informative News?”

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Felix Chopra, Ingar Haaland, and Christopher Roth: “Do People Value More Informative News?” We examine whether people value more informative news. Drawing on large representative samples of the US population with approximately 10,000 respondents, we measure and experimentally manipulate people’s beliefs about the extent to which newspapers strategically suppress information. Inconsistent with the “more-information-is-better principle,” we find that people who learn that a newspaper is less likely to strategically suppress information have a lower demand for news from this newspaper. The results from the main experiment and a series of follow-up experiments demonstrate that people have a demand for biased news, consistent with a desire to confirm pre-existing beliefs. We discuss the implications of our findings for the regulation of media markets.

Event details
What
  • Presentation
When Jun 07, 2019
from 10:30 to 11:45
Where briq, Seminar Room 9/1.1, Schaumburg-Lippe-Straße 9
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