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What is Newsworthy? Theory and Evidence

Jesse Shapiro (Harvard University)
Sloan Building, E52 Room 164

Abstract: We introduce a model in which a benevolent news outlet decides whether to report the realization of a state to a consumer, who pays a cost to receive it. A simple statistical rule, called a proper scoring rule, describes when the outlet should be more likely to report the realization. Using data from the…

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MIT Institute for Data, Systems, and Society
Massachusetts Institute of Technology
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