Critics and Players: Audiences, Trust and Reality in Mediated Markets

Mark Kennedy, Assistant Professor, Assistant Professor, Department of Management and Organizations, USC Marshall School of Business

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In the literature on mediated markets, third party evaluators such as journalists, critics and analysts are viewed as operating outside the system of interests set up by industry and market categories used to allocate their attentions. As critics in the broadest sense of the word, they are viewed as mediators of a two-way sensemaking conversation in which producers and opinions sort out what to make of new innovation...

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