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We study the online contagion of exogenous demand shocks generated by book reviews featured on the Oprah Winfrey TV show and published in the New York Times, through the co-purchase recommendation network on Amazon.com. These exogenous events may ripple through and affect the demand for a...
Persistent link: https://www.econbiz.de/10008672210
Traditionally, the value of a product has been assessed according to the direct revenues the product creates. However, products do not exist in isolation but rather influence one another's sales. Such influence is especially evident in eCommerce environments, where products are often presented...
Persistent link: https://www.econbiz.de/10013118580
Traditionally, the value of a product has been assessed according to the direct revenues the product creates. However, products do not exist in isolation but rather influence one another's sales. Such influence is especially evident in eCommerce environments, where products are often presented...
Persistent link: https://www.econbiz.de/10013121666
We define an economic network as a linked set of entities, where links are created by actual realizations of shared economic outcomes between entities. Such aggregations, which include a wide variety of Web-based product networks, are becoming increasingly available for business use. We analyze...
Persistent link: https://www.econbiz.de/10013150399
Online commercial interactions have increased dramatically over the last decade, leading to the emergence of networks that link the e-commerce landing pages of related products to one another. Our paper conjectures that the explicit visibility to consumers of such ldquo;product networksrdquo;...
Persistent link: https://www.econbiz.de/10012708714
It has been conjectured that the peer-based recommendations associated with electronic commerce lead to a redistribution of demand from popular products or "blockbusters" to less popular or "niche" products, and that electronic markets will therefore be characterized by a "long tail" of demand...
Persistent link: https://www.econbiz.de/10014046934
The effective management of digital rights is the central challenge in many industries making the transition from physical to digital products. We present a new model that characterizes the value of these digital rights when products are sold both embedded in tangible physical artifacts, and as...
Persistent link: https://www.econbiz.de/10014027355
Digital technologies have made networks ubiquitous. A growing body of research is examining these networks to gain a better understanding of how firms interact with their consumers, how people interact with each other, and how current and future digital artifacts will continue to alter business...
Persistent link: https://www.econbiz.de/10014166004
Crowdfunding platforms are peer-to-peer two-sided markets that enable amateur entrepreneurs to raise money for their ventures over the Internet. However, in allowing practically anyone to enter, such markets risk being flooded with low-quality offerings, a situation that might be detrimental to...
Persistent link: https://www.econbiz.de/10012969331
The conversion funnel is a model describing the stages consumers go through in their journey towards a purchase. This journey often lasts several days to weeks and can include multiple visits to a seller's website. A large body of literature has focused on using observable search patterns to...
Persistent link: https://www.econbiz.de/10012854329