An Alternative Sociological Perspective on Economic Value: Price Formation as a Social Process

Economic news as a consumer product: An

Economic news as a consumer product: An analysis of the effects of alternative media sources on the formation of consumer economic expectations

✍ Stephen W. Pruitt; George E. Hoffer 📂 Article 📅 1989 🏛 Springer 🌐 English ⚖ 557 KB

This study reports the results of a behavioral experiment in which 120 subjects were exposed to different media reports of the same monthly Bureau of Labor Statistics' unemployment reports. After reading the news stories, as reported by the CBS Evening News, The Wall Street Journal, and the Washingt