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Full-Text Articles in Social and Behavioral Sciences
Political Competition In Legislative Elections, Stefan Krasa, Mattias K. Polborn
Political Competition In Legislative Elections, Stefan Krasa, Mattias K. Polborn
Mattias K Polborn
Political Polarization And The Electoral Effects Of Media Bias, Mattias K. Polborn, Stefan Krasa, Dan Bernhardt
Political Polarization And The Electoral Effects Of Media Bias, Mattias K. Polborn, Stefan Krasa, Dan Bernhardt
Mattias K Polborn
Many political commentators diagnose an increasing polarization of the U.S. electorate into two opposing camps. However, in standard spatial voting models, changes in the political preference distribution are irrelevant as long as the position of the median voter does not change. We show that media bias provides a mechanism through which political polarization can affect electoral outcomes. In our model, media firms' profits depend on their audience rating. Maximizing profits may involve catering to a partisan audience by slanting the news. While voters are rational, understand the nature of the news suppression bias and update appropriately, important information is lost …