The newsroom dilemma
研究竞争如何影响媒体在速度与准确性之间的权衡,发现竞争可能通过声誉机制促进更准确的报道,但受众可能因媒体初始信息更好而受损。
Abstract Conventional wisdom suggests that competition in the modern digital environment pushes media outlets toward the early release of less accurate information. We show that this is not necessarily the case. Two opposing forces determine the resolution of the speed‐accuracy tradeoff: preemption and reputation. Although competition exacerbates preemption concerns, it provides additional information to the audience by allowing them to compare publication times. Hence, more competitive environments may be more conducive to reputation building, which may lead to better reporting. However, we show that the audience may be worse off due to the outlets' better initial information.