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Social networks and housing markets
Bailey, Michael; Cao, Ruiqing; Kuchler, Theresa; … - 2016
The recent house price experiences within an individual's social network affect her perceptions of the attractiveness of property investments, and through this channel have large effects on her housing market activity. Our data combine anonymized social network information from Facebook with...
Persistent link: https://www.econbiz.de/10011476018
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Bound by borders : voter mobilization through social networks
Cox, Gary W.; Fiva, Jon H.; King, Max-Emil M. - 2023
A vast and growing quantitative literature considers how social networks shape political mobilization but the degree to which turnout decisions are strategic remains ambiguous. Unlike previous studies, we establish personal links between voters and candidates and exploit discontinuous incentives...
Persistent link: https://www.econbiz.de/10014384043
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Dissonance minimization and conversation in social networks
Anufriev, Mikhail; Borissov, Kirill; Pakhnin, Mikhail - 2021
We study a model of social learning in networks where the dynamics of beliefs are driven by conversations of dissonance-minimizing agents. Given their current beliefs, agents make statements, tune them to the statements of their associates, and then revise their beliefs. We characterize the...
Persistent link: https://www.econbiz.de/10012669809
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Crowdfunding dynamics
Belleflamme, Paul; Lambert, Thomas; Schwienbacher, Armin - 2019 - This version: August 9, 2019
Various forms of social learning and network effects are at work on crowdfunding platforms, giving rise to informational and payoff externalities. We use novel entrepreneur-backer data to study how these externalities shape funding dynamics, within and across projects. We find that backers...
Persistent link: https://www.econbiz.de/10012057306
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The geographic spread of COVID-19 correlates with structure of social networks as measured by Facebook
Kuchler, Theresa; Russel, Dominic; Stroebel, Johannes - 2020
We use anonymized and aggregated data from Facebook to show that areas with stronger social ties to two early COVID-19 “hotspots” (Westchester County, NY, in the U.S. and Lodi province in Italy) generally have more confirmed COVID-19 cases as of March 30, 2020. These relationships hold after...
Persistent link: https://www.econbiz.de/10012206624
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Selection, consumption, and new music exploration in an online social network : a dyadic approach
Loh, Johannes - 2022
We study peer influence in an online social network on a platform where consumers purchase music albums. They can follow their peers and become informed about their consumption choices. In particular, we are interested in how this affects consumers' exploration of new music that exhibits...
Persistent link: https://www.econbiz.de/10013463329
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Online versus offline : which networks spur protests?
Potrafke, Niklas; Rösel, Felix - 2022
Does social media or offline social cohesion overcome collective action problems more effectively when both types of networks are prevalent? We investigate non-violent protests against a place-based economic reform in Austria - a country where one in two citizens uses Facebook but also one in...
Persistent link: https://www.econbiz.de/10013383582
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How does competition affect reputation concerns? : theory and evidence from Airbnb
Rossi, Michelangelo - 2019
I show how changes in competition affect the power of reputation to induce sellers to exert effort. The impact of …. To guide the empirical analysis, I develop a model of reputation where the relative number of hosts and guests affects … the value of building a reputation through effort. In this framework, more competition depresses hosts' profits and leads …
Persistent link: https://www.econbiz.de/10012138911
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Firm reputation and incentives to "milk" pending patents
Koenen, Johannes; Peitz, Martin - 2013
In this paper we develop a theory of patenting in which a firm preserves its reputation to only apply for a patent … reputation to be preserved in equilibrium and analyze which market environments are favorable for such an equilibrium to exist …
Persistent link: https://www.econbiz.de/10009773847
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Learning from online ratings
Hui, Xiang; Klein, Tobias J.; Stahl, Konrad - 2024
Online ratings play an important role in many markets. However, how fast they can reveal seller types remains unclear. To study this question, we propose a new model in which a buyer learns about the seller’s type from previous ratings and her own experience and rates the seller if she learns...
Persistent link: https://www.econbiz.de/10014556695