Conference Proceedings

Aligning popularity and quality in online cultural markets

P Van Hentenryck, A Abeliuk, F Berbeglia, F Maldonado, G Berbeglia

Proceedings of the 10th International Conference on Web and Social Media, ICWSM 2016 | Published : 2016


© Copyright 2016, Association for the Advancement of Artificial Intelligence ( All rights reserved.Social influence is ubiquitous in cultural markets and plays an important role in recommendations for books, songs, and news articles to name only a few. Yet social influence is often presented in a bad light, often because it supposedly increases market unpredictability. Here we study a model of trial-offer markets, in which participants try products and later decide whether to purchase. We consider a simple policy which recovers product quality and ranks the products by quality when presenting them to market participants. We show that, in this setting, market efficiency always b..

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