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Ranking algorithms are the information gatekeepers of the Internet era. We develop a stylized framework to study the effects of ranking algorithms on opinion dynamics. We consider rankings that depend on popularity and on personalization. We find that popularity driven rankings can enhance...
Persistent link: https://www.econbiz.de/10011669418
Despite substantial efforts to help consumers search in more intuitive ways, text search remains the predominant tool for product discovery online. In this paper, we explore the effects of visual and textual cues for search refinement on consumer search and purchasing behavior. We collaborate...
Persistent link: https://www.econbiz.de/10014486191
Questions about search engine bias have percolated in the academic literature for over a decade. In the past few years, the issue has evolved from a quiet academic debate to a full-blown regulatory and litigation frenzy. At the center of this maelstrom is Google, the dominant market player. This...
Persistent link: https://www.econbiz.de/10014181365
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Consider the problem faced by a decision maker (DM) who must select the order in which to evaluate the unknown alternatives displayed by an online search engine. DMs do not know the distribution of the realizations that result from clicking on an alternative and must therefore account for the...
Persistent link: https://www.econbiz.de/10012435325
possible uses of economics and game theory for understanding the phenomenon. Public news is viewed as an aggregation of …
Persistent link: https://www.econbiz.de/10012914321
Empirical evidence shows that the perception of information is strongly concentrated in those environments in which a mass of producers and users of knowledge interact through a distribution medium. This paper considers the consequences of this fact for economic equilibrium analysis. In...
Persistent link: https://www.econbiz.de/10013316668
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information, which is hard for the search engine to gather, and therefore missed by the organic listings algorithm. Viewing search …
Persistent link: https://www.econbiz.de/10012244407
model in a dynamic setup, whereby past market shares lead to a better search algorithm. The dynamic consideration is pro …
Persistent link: https://www.econbiz.de/10014444933