We analyse a market where newspaper publishers compete for advertising as well as for readership. Publishers first choose the political position of their newspaper then set cover prices and advertising tariffs. We build on the duopoly model of Gabszewicz et al. (2001, 2002) who show that advertising financing can lead to minimum political differentiation of the newspapers and hence a lack of plurality of political views or pensée unique. We extend their model to more than two newspapers and show that, contrary popular belief in competition policy, concern for such lack of plurality may diminish but does not disappear as the number of firms increases.

Hotelling competition and political differentiation with more than two newspapers / Behringer, Stefan; Filistrucchi, Lapo. - In: INFORMATION ECONOMICS AND POLICY. - ISSN 0167-6245. - STAMPA. - 30:(2015), pp. 36-49. [10.1016/j.infoecopol.2014.10.004]

Hotelling competition and political differentiation with more than two newspapers

FILISTRUCCHI, LAPO
2015

Abstract

We analyse a market where newspaper publishers compete for advertising as well as for readership. Publishers first choose the political position of their newspaper then set cover prices and advertising tariffs. We build on the duopoly model of Gabszewicz et al. (2001, 2002) who show that advertising financing can lead to minimum political differentiation of the newspapers and hence a lack of plurality of political views or pensée unique. We extend their model to more than two newspapers and show that, contrary popular belief in competition policy, concern for such lack of plurality may diminish but does not disappear as the number of firms increases.
2015
30
36
49
Behringer, Stefan; Filistrucchi, Lapo
File in questo prodotto:
File Dimensione Formato  
1-s2.0-S0167624515000025-main.pdf

Accesso chiuso

Descrizione: Articolo principale
Tipologia: Pdf editoriale (Version of record)
Licenza: Tutti i diritti riservati
Dimensione 544.13 kB
Formato Adobe PDF
544.13 kB Adobe PDF   Richiedi una copia

I documenti in FLORE sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificatore per citare o creare un link a questa risorsa: https://hdl.handle.net/2158/1009079
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 7
  • ???jsp.display-item.citation.isi??? 7
social impact