• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site

The Speed-Accuracy Tradeoff in Markets for News

ФИО студента: Daniil Tsinman

Руководитель: Tatiana Mayskaya

Кампус/факультет: International College of Economics and Finance

Программа: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Год защиты: 2020

The advent of the Internet has significantly contributed to the increased variety of newsagents in the 21st century. Coupled with the sensitivity of financial markets to "breaking news'' and the fast pace of our lives, competition is encouraging the media towards swifter delivery of unverified stories. In a signalling model, we demonstrate that this trade-off between speed and accuracy can be resolved with market expansion. This paper argues that in a more competitive environment, the influence of preemption decays, while reputation-building becomes more profitable as more agents enter the media space. It follows that competition can diminish the amount of inaccurate and untested information in modern hybrid conflicts.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses