An explanation for climate 'doom and gloom' in the media – 'people demand all that bad news'

From Washington State University

Buyer’s remorse — model shows people demand all that bad news

PULLMAN, Wash. – Bad news in the media got you down? News consumers have only themselves to blame, says new research showing that it’s actually buying habits that drive negative press.

The research looks at the negative news phenomenon through the prism of economic science. And while previous studies have focused on the supply side by examining media output, the current analysis is among the first to investigate a negative news bias from the consumer or demand side.

Washington State University Professor Jill McCluskey and her colleagues at the University of Leuven in Belgium created a theoretical model that illustrates how consumers get more value from negative news than positive news.

Focusing on newspapers, the researchers looked at the way people use information from news articles to enhance their well-being and avoid losses. Their model analyzed how much happiness consumers derived from choosing either bad or good news. The results showed greater individual benefit from reading the bad news.

Collectively, this tendency creates a societal preference for negative news stories said McCluskey.

“Newspapers act on this demand by reporting more bad news to attract readers and sell more papers,” she said.

The study was published in the journal Information Economics and Policy and funded by Research Foundation – Flanders and the KU Leuven Research Fund.

Avoid risk and make wise choices

The researchers built their model on an economic theory asserting that as an individual’s income increases, the impact of each additional dollar diminishes.

“When you are very poor and hungry, for example, each dollar is worth a lot as it helps you buy enough food to eat,” McCluskey said. “But once you have more money and can count on regular meals, it’s the losses that will affect you more. In terms of happiness and well-being, a $1,000 loss will affect you more than a $1,000 windfall.”

The same idea applies to information offered in newspapers, the Internet, TV or radio. In their model, the researchers used a measurement called utility to assess the benefits or drawbacks people get from consuming a good or service – in this case, positive and negative news stories.

Their findings highlight a strong human tendency to avoid risk.

McCluskey said consumers read good news to glean information about benefits from a positive event, which might improve their own income or welfare. Reading about the success of a Fortune 500 company, for example, might help one decide to invest in their stock.

Bad news, on the other hand, provides information on how to avoid a negative event or loss to one’s well-being. Reading bad news helps consumers avoid making bad choices.

“Food scares are a good illustration as they are widely covered by the media,” McCluskey said. To protect their health, “people choose to avoid the suspected food – such as beef during the Mad Cow scare, or spinach with the E.coli outbreaks.”

Over time, McCluskey said the model clearly showed individuals gain a greater advantage from reading bad news than good news. These consumers, either consciously or subconsciously, then continue to choose newspapers with more negative reporting. In response, news outlets take advantage of that risk aversion to maximize their profits.

Downside to bad news

Despite its benefits to readers, bad news generates negative consequences of its own, the researchers found. For instance, too much bad news can be depressing to some people.

Skewing media toward bad news can also cause heightened fear of risk that differs from the scientific consensus, like concerns about genetic engineering, said McCluskey.

A recent study by the Pew Research Center in cooperation with the American Association for the Advancement of Science showed that 88 percent of scientists believe genetically modified foods are safe, while only 37 percent of the public agrees. 87 percent of the scientists also said humans are the primary cause of climate change, in contrast to 50 percent of the public.

And bad news can lead to extended or exaggerated responses to a negative event. “Even after the E. coli scare was over, people still wouldn’t buy spinach. There can be a lot of impact on growers and wasted food with these scares,” she said.

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Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.

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Tom Crozier
March 18, 2015 12:35 pm

Isn’t this sort or a restatement of Prospect Theory?
http://en.m.wikipedia.org/wiki/Prospect_theory

Alx
March 18, 2015 1:04 pm

No one wants to read about the cat that did not run up the tree.
But maybe we should not be surprised that news consumers are mostly interested in scandal and violence, when that aligns with what they look for in fictional movies and books.
We are in a place where news is now considered more an entertainment source than a public information outlet. C-Span is the only media outlet that I know of that communicates information. It is not very entertaining.
Listening to debates on a bill in Congress is enough to make me buy a gallon of Vodka, drink it, and then drive off of a cliff. Compared to the pseudo-reality of the political process, two squirrels fighting over the last acorn on earth could make more cogent arguments. Fortunately listening to supreme court arguments restores my faith in humanity. Even though I do not always agree with the outcomes the arguments display a much higher level of rational, reasoned, thoughtful and concise arguments.

Svend Ferdinandsen
March 18, 2015 1:29 pm

Part of the joy of bad news could be that it did not happen to you.
But in that way is climate catastrophe not the best as it should also hit you.

March 18, 2015 2:13 pm

When you read the “news” concerning an area you are familiar with, you realize what a nonsensical and distorted view you are getting. Its not “the truth” but entertainment or diversion or something else.
In the past two years I have followed almost no mainstream media – I was a news junky up until that time. I now read my local paper to know my local news and to get a sense of world events. It is absolutely amazing how little things have changed in the past two years – Putin, Obama, economy, Middle East, yada yada yada.
I’m not sure who said it, but wiser words have never been spoken: “the only thing worse than speaking nonsense, is listening to it”.

Steve P
Reply to  John Campbell
March 18, 2015 2:25 pm

And worse still: repeating it.

Reply to  Steve P
March 19, 2015 5:55 am

So true – but the mainstream media is simply an echo chamber of the same stuff. And much of the web is the same – the info and opinion diet works best for me.

Walt D.
March 18, 2015 4:19 pm

“There’s little truth in the news because there is little news in the truth.”

H.R.
Reply to  Walt D.
March 19, 2015 2:11 am

Walt D.
Great quote and I’m sure Brian Williams can attest to its veracity.

john robertson
March 18, 2015 6:47 pm

But what is bad news?
Would, for example, “Obama Impeached” be good news or bad news?
Was Climate Gate good news or bad?
Presumably it was good news so the main stream media just ignored it, as “bad for sales?”
The games being played in the name of CAGW are a scandal, yet very little media coverage.. so it must be good news from the perspective of the media bodies who ignore the waste and corruption that fuels the Cult of Calamitous Climate.
Who knew?

March 18, 2015 9:07 pm

This claim violates Say’s law. Supply creates demand, not vice-versa.

Samuel C Cogar
March 19, 2015 10:15 am

The public demands “good news” iffen its Sports Reporting ….. and “bad news” iffen its Current Events Reporting ….. and highly selective “good/bad news” iffen its Political Reporting.
Publishers and Editors will gladly provide whatever “type” of news that “turns-the-crank” of their subscribing populace ….. simply because in doing so it will “turn-a-profit” for said Publishers and Editors.

Reply to  Samuel C Cogar
March 23, 2015 1:11 pm

Well, publisher’s may be Gail Wynands, but they also are dumb enough to hire graduates of Liberal Arts programs which teach a negative view of life.
Readers can make it clear to publishers that the publishers are hurting themselves in the long run, and that readers will read less if any of their publications thus advertising revenue will decline.

bushbunny
March 20, 2015 4:57 pm

When newspapers went on strike many moons ago, there was no negative impact on the Australian public, as we had TV and Radio. So much reporting nowadays in Australia, and I can’t speak for other countries, is often dictated by who is paying for the advertising content. 60% of regional newspapers was allocated to advertising, that’s why the news content was often only a few pages. I know, I worked for a regional paper as a feature writer. If any dirt is revealed it doesn’t matter if it is true or not. Most big National papers have legal teams and big pockets to pay out damages, but mud sticks doesn’t it. Yes people love to read gossip especially about tall poppies (an Australian expression for successful people) who they get great pleasure in some warped way of believing that all superior or public people deserve to be trashed. However, national newspapers are there to report news, whether it is accurate or not. Have you noticed when they do accept responsibility for printing untruths or inaccuracies, they make a public apology in a small section of the paper no one generally reads or finds it.

March 23, 2015 9:30 am

Well, there is a good point that _some_ bad news serves to inform individuals of risks.
However, I don’t see value in someone in Canada hearing of a murder in the southern US – there are plenty of examples of that risk in Canada. Nor of hearing that a company hid coffins in the bush because their cremation facility broke down.
(Morbid curiosity might explain that, but so would the bent of the ideology many media people believe in to drag down the image of humans. Look for example at the garbage “art” praised by the Post-Modernist derivative of Marxism.)