Hilger, James; Rafert, Greg; Villas-Boas, Sofia - In: The Review of Economics and Statistics 93 (2011) 4, pp. 1289-1296
The effect of expert opinion on demand for experience goods is difficult to quantify, as the relationship between purchases and reviews may be driven by product quality. Further, it is unclear whether a review-based demand effect is due to providing quality or existence information. Using a...