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- W1606194937 abstract "Preliminary draft 1 Introduction Media play a crucial role in transmitting information to mass audience. People using it them understand world-around, make decisions and vote. Therefore it is widely recognized that media pluralism is a cornerstone of democratic organizations. It is also true that pluralism is a multifaceted notion. The Council of Europe, for instance, adopts following de nition of media pluralism: the scope for a wide range of social, political and cultural values, opinions, information and interests to nd expression through media. According to above de nition, media studies have devoted remarkable e¤orts to clarifying and analyzing concept of media freedom, while much less e¤ort as been straight devoted to concept of pluralism. The economic literature on media pluralism is basically related to concepts of media capture and media bias, both at theoretical and empirical level. From empirical viewpoint, several contributions explain media inuence over politics and individual behavior, for instance: Gentzkow, Shapiro (2004) and Della Vigna, Kaplan (2005)). At theoretical level, in strand of media capture, for instance, Besley and Prat (2005) show that as number of independent media grows, media capture become less pro table, without any concerns about reports. In this respect media plurality is a safeguard against media capture, since it is more costly for government to silence them. Similarly, Corneo (2006) analyzes role played by rm ownership and interest groups to capture media and, in general, to a¤ect media independence. He shows that an increase in level of wealth concentration" @default.
- W1606194937 created "2016-06-24" @default.
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- W1606194937 date "2007-11-01" @default.
- W1606194937 modified "2023-09-27" @default.
- W1606194937 title "The demand for and the supply of pluralism: a model of media market" @default.
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