Agenda chasing and contests among news providers.
This article studies competition in contests with a focus on the news industry that is increasingly influenced by social media. The model assumes publishers to pick a single topic from a large pool based on the topics' prior 'success' probabilities, thereby 'chasing' potentially successful topics. F...
| Published in: | RAND Journal of Economics (Wiley-Blackwell) Vol. 48; no. 3; pp. 783 - 810 |
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| Main Authors: | , , |
| Format: | Article |
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Wiley-Blackwell
Fall2017
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=124623597&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 124623597 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 07416261 56RJ jtl: RAND Journal of Economics (Wiley-Blackwell) issn: 07416261 maglogo: Y pubinfo: dt: Fall2017 vid: 48 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 124623597 10.1111/1756-2171.12191 ppf: 783 ppct: 27 formats: fmt: – @attributes: type: T – @attributes: type: P size: 458KB tig: atl: Agenda chasing and contests among news providers. aug: au: Katona, Zsolt Knee, Jonathan A. Sarvary, Miklos affil: University of California Berkeley Columbia University su: Publishing Social media Competition in news agencies News websites Mathematical models sug: subj: Publishing Social media All Other Publishers Book Publishers Other publishers Internet Publishing and Broadcasting and Web Search Portals Competition in news agencies News websites Mathematical models ab: This article studies competition in contests with a focus on the news industry that is increasingly influenced by social media. The model assumes publishers to pick a single topic from a large pool based on the topics' prior 'success' probabilities, thereby 'chasing' potentially successful topics. Firms that publish topics that become successful divide a 'reward' which can change with the number of competing firms and the number of successful topics. The results show that share structures can be categorized into three types that, in turn, lead to qualitatively different outcomes for the contest. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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