News credibility and the quest for clicks

Kawamura, Kohei and Le Quement, Mark T. (2023) News credibility and the quest for clicks. Journal of Public Economics, 227. ISSN 0047-2727

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Abstract

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.

Item Type:	Article
Faculty \ School:	Faculty of Social Sciences > School of Economics
UEA Research Groups:	Faculty of Social Sciences > Research Centres > Centre for Behavioural and Experimental Social Sciences Faculty of Social Sciences > Research Groups > Behavioural Economics Faculty of Social Sciences > Research Groups > Economic Theory Faculty of Social Sciences > Research Groups > Industrial Economics
Depositing User:	LivePure Connector
Date Deposited:	07 Oct 2023 01:24
Last Modified:	08 Nov 2023 03:35
URI:	https://ueaeprints.uea.ac.uk/id/eprint/93169
DOI:	10.1016/j.jpubeco.2023.105005

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