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Aligning popularity and quality in online cultural markets

Van Hentenryck, Pascal; Abeliuk, Andres; Berbeglia, Franco; Maldonado, Felipe; Berbeglia, Gerardo

Description

Social influence is ubiquitous in cultural markets and plays an important role in recommendations for books, songs, and news articles to name only a few. Yet social influence is often presented in a bad light, often because it supposedly increases market unpredictability. Here we study a model of trial-offer markets, in which participants try products and later decide whether to purchase. We consider a simple policy which recovers product quality and ranks the products by quality when...[Show more]

CollectionsANU Research Publications
Date published: 2016
Type: Conference paper
URI: http://hdl.handle.net/1885/154159
Source: Proceedings of the 10th International Conference on Web and Social Media, ICWSM 2016
Access Rights: Open Access

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