Title: You get what you want: a note on the economics of bad news
Authors: McCluskey, Jill ×
Swinnen, Jo
Vandemoortele, Thijs #
Issue Date: 2015
Series Title: Information Economics and Policy issue:30 pages:1-5
Abstract: We develop a simple theoretical model that explains the slant towards negative coverage in news media. In a framework where news is informative and consumers are risk averse, diminishing marginal utility implies that information about a negative income shock is more valuable than information about a positive shock, which leads to disproportionate reporting of bad news.
ISSN: 0167-6245
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center of Development Economics, Leuven
LICOS - Centre for Institutions and Economic Performance, Leuven
× corresponding author
# (joint) last author

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