出版社：Suntory Toyota International Centres for Economics and Related Disciplines
摘要：It has long been recognized that the media play an essential role in government accountability. However, even in the absence of censorship, the government may inuence news content by maintaining a cozy relationship with the media. This paper develops a model of democratic politics in which media capture is endogenous. The model o¤ers insights into the features of the media market that determine the ability of the government to exercise such capture and hence to inuence political outcomes.
