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Democracy's detectives : the economics of investigative journalism

Author: James Hamilton
Publisher: Cambridge, Massachusetts : Harvard University Press, 2016.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
Investigative reporting generates new information about important issues that someone is trying to keep secret. Impacts of this journalism can be high. Yet the costs of discovering and telling these stories may also be significant. Democracy's Detectives uses economic theories of information to explain both how institutions breakdown in predictable ways and how journalists find and reveal which programs, products,  Read more...
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Document Type: Book
All Authors / Contributors: James Hamilton
ISBN: 9780674545502 0674545508
OCLC Number: 945434305
Description: x, 368 pages ; 25 cm
Contents: Economic theories of investigative reporting --
Detectives, muckrakers, and watchdogs --
What's the story? --
What's the impact? --
How is it produced? --
How is it supported? --
A single investigative reporter --
Accountability and algorithms.
Responsibility: James T. Hamilton.
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Abstract:

Investigative journalism holds democracies and individuals accountable to the public. But important stories are going untold as news outlets shy away from the expense of watchdog reporting.  Read more...

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[A] terrific new book.--Sam Lebovic"Los Angeles Review of Books" (04/30/2017) By bringing the economist's eye to the business of investigative journalism, Hamilton sharpens our appreciation of the Read more...

 
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Impacts of this journalism can be high. Yet the costs of discovering and telling these stories may also be significant. Democracy\'s Detectives uses economic theories of information to explain both how institutions breakdown in predictable ways and how journalists find and reveal which programs, products, and people go astray. The book analyzes the market for investigative reporting by examining more than 12,000 prize competition entries from 1979 to 2010 in the annual awards contest of Investigative Reporters and Editors. The results show what these investigative works in the United States uncovered and their impacts, and how the investigations were conducted and financially supported. Case studies of several investigative series demonstrate that each dollar invested in a story can yield hundreds of dollars in policy benefits. Examining the work of a Pulitzer prize-winning reporter shows how a single journalist over four decades generated more than 150 investigations that led to changes, including the passage of thirty-one state laws. Many valuable accountability stories go untold because media outlets bear the costs of reporting while the benefits spillover onto those who don\'t read or watch these investigations. Computational journalism may improve the economics of investigative reporting in two ways: lowering the cost of finding stories through better use of data and algorithms, and telling stories in more personalized and engaging ways. While breakdowns in institutions are inevitable, the combination of computation and journalism offers an expanded set of people new ways to hold those in power accountable and serve as democracy\'s detectives.--<\/span>\"@en<\/a> ;\u00A0\u00A0\u00A0\nschema:description<\/a> \"Economic theories of investigative reporting -- Detectives, muckrakers, and watchdogs -- What\'s the story? -- What\'s the impact? -- How is it produced? -- How is it supported? -- A single investigative reporter -- Accountability and algorithms.<\/span>\"@en<\/a> ;\u00A0\u00A0\u00A0\nschema:exampleOfWork<\/a> <http:\/\/worldcat.org\/entity\/work\/id\/3906968739<\/a>> ;\u00A0\u00A0\u00A0\nschema:inLanguage<\/a> \"en<\/span>\" ;\u00A0\u00A0\u00A0\nschema:name<\/a> \"Democracy\'s detectives : the economics of investigative journalism<\/span>\"@en<\/a> ;\u00A0\u00A0\u00A0\nschema:productID<\/a> \"945434305<\/span>\" ;\u00A0\u00A0\u00A0\nschema:workExample<\/a> <http:\/\/worldcat.org\/isbn\/9780674545502<\/a>> ;\u00A0\u00A0\u00A0\numbel:isLike<\/a> <http:\/\/bnb.data.bl.uk\/id\/resource\/GBB716299<\/a>> ;\u00A0\u00A0\u00A0\nwdrs:describedby<\/a> <http:\/\/www.worldcat.org\/title\/-\/oclc\/945434305<\/a>> ;\u00A0\u00A0\u00A0\u00A0.\n\n\n<\/div>\n\n

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