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Peer influence through word-of-mouth (WOM) plays an important role in many information systems but identification of causal effects is challenging. We identify causal WOM effects in the empirical setting of game adoption in a social network for gamers by exploiting differences in individuals’...
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We consider a general model of boundedly rational opinion formation in social networks. We show that long run opinions … opinions of all agents to an arbitrary desired opinion, by infinitesimally perturbing his updating behavior. However, when … opinion formation is monitored, then as the perturbation goes to zero so does the extend to which long run opinions can be …
Persistent link: https://www.econbiz.de/10012931872
A major challenge in many word-of-mouth marketing campaigns is the cost-effective identification of opinion leaders … few consumer characteristics that are strong predictors of opinion leadership. In the present research, we attempt to … explain these null or weak findings through a game-theoretic perspective on opinion leader-follower relationships. Our model …
Persistent link: https://www.econbiz.de/10014047398
The context of this article is a larger, ongoing postdoctoral research that looks into the relationship between opinion … this conflict. For this purpose, a couple of relevant key words were selected and they were analyzed using opinion mining …
Persistent link: https://www.econbiz.de/10014430438
Generally, the mass media perform the following social functions: information function, agenda setting, control function and criticism of social structures and institutions, educational function and function of socialization and integration (Jurcic, 2017). Through the digital revolution the...
Persistent link: https://www.econbiz.de/10012118853
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Social media networks (SMN) such as Facebook and Twitter are infamous for facilitating the spread of potentially false rumors. Although it has been argued that SMN enable their users to identify and challenge false rumors through collective efforts to make sense of unverified information—a...
Persistent link: https://www.econbiz.de/10012704076
In markets with search frictions, consumers can acquire information about goods either through costly search or from friends via word-of-mouth (WOM) communication. How do sellers’ market power react to a very large increase in the number of consumers’ friends with whom they engage in WOM?...
Persistent link: https://www.econbiz.de/10012671888
Consumers can acquire information through their own search efforts or through their social network. Information diffusion via word-of-mouth communication leads to some consumers free-riding on their “friends” and less information acquisition via active search. Free-riding also has an...
Persistent link: https://www.econbiz.de/10012672128