The Informational Role of Online Recommendations: Evidence from a Field Experiment
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Guy Aridor & Duarte Goncalves & Daniel Kluver & Ruoyan Kong & Joseph Konstan, 2022. "The Informational Role of Online Recommendations: Evidence from a Field Experiment," Papers 2211.14219, arXiv.org, revised Dec 2024.
References listed on IDEAS
- Dokyun Lee & Kartik Hosanagar, 2019. "How Do Recommender Systems Affect Sales Diversity? A Cross-Category Investigation via Randomized Field Experiment," Service Science, INFORMS, vol. 30(1), pages 239-259, March.
- Navdeep S Sahni & Harikesh S Nair, 2020.
"Does Advertising Serve as a Signal? Evidence from a Field Experiment in Mobile Search,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(3), pages 1529-1564.
- Sahni, Navdeep S. & Nair, Harikesh S., 2016. "Does Advertising Serve as a Signal? Evidence from Field Experiments in Mobile Search," Research Papers 3392, Stanford University, Graduate School of Business.
- Alexandre de Cornière & Greg Taylor, 2019.
"A model of biased intermediation,"
RAND Journal of Economics, RAND Corporation, vol. 50(4), pages 854-882, December.
- de Cornière, Alexandre & Taylor, Greg, 2016. "A Model of Biased Intermediation," CEPR Discussion Papers 11457, C.E.P.R. Discussion Papers.
- Cornière (de), Alexandre & Taylor, Greg, 2017. "A Model of Biased Intermediation," TSE Working Papers 17-753, Toulouse School of Economics (TSE), revised Jul 2019.
- Aridor, Guy & Gonçalves, Duarte, 2022. "Recommenders’ originals: The welfare effects of the dual role of platforms as producers and recommender systems," International Journal of Industrial Organization, Elsevier, vol. 83(C).
- Gene M. Grossman & Carl Shapiro, 1984. "Informative Advertising with Differentiated Products," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(1), pages 63-81.
- Daniel Fleder & Kartik Hosanagar, 2009. "Blockbuster Culture's Next Rise or Fall: The Impact of Recommender Systems on Sales Diversity," Management Science, INFORMS, vol. 55(5), pages 697-712, May.
- Erik Brynjolfsson & Yu (Jeffrey) Hu & Duncan Simester, 2011. "Goodbye Pareto Principle, Hello Long Tail: The Effect of Search Costs on the Concentration of Product Sales," Management Science, INFORMS, vol. 57(8), pages 1373-1386, August.
- Zhou, Jidong, 2009. "Prominence and Consumer Search: The Case With Multiple Prominent Firms," MPRA Paper 12554, University Library of Munich, Germany.
- Mark Armstrong & John Vickers & Jidong Zhou, 2009.
"Prominence and consumer search,"
RAND Journal of Economics, RAND Corporation, vol. 40(2), pages 209-233, June.
- Mark Armstrong & John Vickers & Jidong Zhou, 2008. "Prominence and Consumer Search," Economics Series Working Papers 379, University of Oxford, Department of Economics.
- Meurer, Michael & Stahl, Dale II, 1994. "Informative advertising and product match," International Journal of Industrial Organization, Elsevier, vol. 12(1), pages 1-19, March.
- Yan Chen & F. Maxwell Harper & Joseph Konstan & Sherry Xin Li, 2010. "Social Comparisons and Contributions to Online Communities: A Field Experiment on MovieLens," American Economic Review, American Economic Association, vol. 100(4), pages 1358-1398, September.
- Daniel A. Ackerberg, 2003. "Advertising, learning, and consumer choice in experience good markets: an empirical examination," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(3), pages 1007-1040, August.
- Elisabeth Honka & Ali Hortaçsu & Maria Ana Vitorino, 2017.
"Advertising, consumer awareness, and choice: evidence from the U.S. banking industry,"
RAND Journal of Economics, RAND Corporation, vol. 48(3), pages 611-646, August.
- Maria Ana Vitorino & Ali Hortacsu & Elisabeth Honka, 2014. "Advertising, Consumer Awareness and Choice: Evidence from the U.S. Banking Industry," 2014 Meeting Papers 574, Society for Economic Dynamics.
- Andrei Hagiu & Bruno Jullien, 2011. "Why do intermediaries divert search?," RAND Journal of Economics, RAND Corporation, vol. 42(2), pages 337-362, June.
- Marc Bourreau & Germain Gaudin, 2022.
"Streaming platform and strategic recommendation bias,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 25-47, February.
- Marc Bourreau & Germain Gaudin, 2018. "Streaming Platform and Strategic Recommendation Bias," CESifo Working Paper Series 7390, CESifo.
- Marc Bourreau & Germain Gaudin, 2021. "Streaming platform and strategic recommendation bias," Post-Print halshs-03352447, HAL.
- Marshall Van Alstyne & Erik Brynjolfsson, 2005. "Global Village or Cyber-Balkans? Modeling and Measuring the Integration of Electronic Communities," Management Science, INFORMS, vol. 51(6), pages 851-868, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Guy Aridor & Rafael Jiménez-Durán & Ro'ee Levy & Lena Song, 2024.
"The Economics of Social Media,"
Journal of Economic Literature, American Economic Association, vol. 62(4), pages 1422-1474, December.
- Guy Aridor & Rafael Jiménez-Durán & Ro'ee Levy & Lena Song, 2024. "The Economics of Social Media," CESifo Working Paper Series 10934, CESifo.
- Aridor, Guy & Jiménez-Durán, Rafael & Levy, Ro'ee & Song, Lena, 2024. "The Economics of Social Media," CEPR Discussion Papers 18821, C.E.P.R. Discussion Papers.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Huang, Yangguang & Xie, Yu, 2023. "Search algorithm, repetitive information, and sales on online platforms," International Journal of Industrial Organization, Elsevier, vol. 88(C).
- Aridor, Guy & Gonçalves, Duarte, 2022. "Recommenders’ originals: The welfare effects of the dual role of platforms as producers and recommender systems," International Journal of Industrial Organization, Elsevier, vol. 83(C).
- Wei Zhou & Zidong Wang, 2020. "Competing for Search Traffic in Query Markets: Entry Strategy, Platform Design, and Entrepreneurship," Working Papers 20-12, NET Institute.
- Joan Calzada & Nestor Duch-Brown & Ricard Gil, 2021.
"Do search engines increase concentration in media markets?,"
UB School of Economics Working Papers
2021/415, University of Barcelona School of Economics.
- Joan Calzada & Nestor Duch-Brown & Ricard Gil, 2023. "Do Search Engines Increase Concentration in Media Markets?," CESifo Working Paper Series 10671, CESifo.
- Yangguang Huang, 2021. "Search Algorithm and Sales on Online Platforms: Evidence from Food Delivery Platforms," HKUST CEP Working Papers Series 202101, HKUST Center for Economic Policy.
- Roberto Burguet & Vaiva Petrikaite, 2017. "Targeted Advertising and Costly Consumer Search," Working Papers 971, Barcelona School of Economics.
- Fei Long & Kinshuk Jerath & Miklos Sarvary, 2022. "Designing an Online Retail Marketplace: Leveraging Information from Sponsored Advertising," Marketing Science, INFORMS, vol. 41(1), pages 115-138, January.
- Budzinski, Oliver & Gänßle, Sophia & Lindstädt-Dreusicke, Nadine, 2021. "Data (r)evolution - The economics of algorithmic search and recommender services," Ilmenau Economics Discussion Papers 148, Ilmenau University of Technology, Institute of Economics.
- Jan Krämer, & Daniel Schnurr,, 2018. "Is there a need for platform neutrality regulation in the EU?," Telecommunications Policy, Elsevier, vol. 42(7), pages 514-529.
- Marc Bourreau & Germain Gaudin, 2022.
"Streaming platform and strategic recommendation bias,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(1), pages 25-47, February.
- Marc Bourreau & Germain Gaudin, 2018. "Streaming Platform and Strategic Recommendation Bias," CESifo Working Paper Series 7390, CESifo.
- Marc Bourreau & Germain Gaudin, 2021. "Streaming platform and strategic recommendation bias," Post-Print halshs-03352447, HAL.
- Amelia Fletcher & Peter L Ormosi & Rahul Savani, 2023. "Recommender Systems and Supplier Competition on Platforms," Journal of Competition Law and Economics, Oxford University Press, vol. 19(3), pages 397-426.
- Alexandre de Cornière, 2016. "Search Advertising," American Economic Journal: Microeconomics, American Economic Association, vol. 8(3), pages 156-188, August.
- Hui Song, 2021. "Prominence of store-brand products in an electronic platform," Journal of Economics, Springer, vol. 133(1), pages 47-83, June.
- Gambato, Jacopo & Sandrini, Luca, 2023. "Not as good as it used to be: Do streaming platforms penalize quality?," ZEW Discussion Papers 23-032, ZEW - Leibniz Centre for European Economic Research.
- Raluca M. Ursu & Qianyun Zhang & Elisabeth Honka, 2023. "Search Gaps and Consumer Fatigue," Marketing Science, INFORMS, vol. 42(1), pages 110-136, January.
- Zhan (Michael) Shi & T. S. Raghu, 2020. "An Economic Analysis of Product Recommendation in the Presence of Quality and Taste-Match Heterogeneity," Information Systems Research, INFORMS, vol. 31(2), pages 399-411, June.
- Xitong Li & Jörn Grahl & Oliver Hinz, 2022.
"How Do Recommender Systems Lead to Consumer Purchases? A Causal Mediation Analysis of a Field Experiment,"
Information Systems Research, INFORMS, vol. 33(2), pages 620-637, June.
- Xitong Li & Jörn Grahl & Oliver Hinz, 2021. "How Do Recommender Systems Lead to Consumer Purchases? A Causal Mediation Analysis of a Field Experiment," Working Papers hal-03869071, HAL.
- Saur, Marc P. & Schlatterer, Markus G. & Schmitt, Stefanie Y., 2022. "Limited perception and price discrimination in a model of horizontal product differentiation," Games and Economic Behavior, Elsevier, vol. 134(C), pages 151-168.
- Grunewald, Andreas & Kräkel, Matthias, 2017. "Advertising as signal jamming," International Journal of Industrial Organization, Elsevier, vol. 55(C), pages 91-113.
- Casner, Ben, 2020. "Seller curation in platforms," International Journal of Industrial Organization, Elsevier, vol. 72(C).
More about this item
Keywords
recommendations; recommender systems; information acquisition; field experiment; platforms.;All these keywords.
JEL classification:
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
- M37 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Advertising
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EXP-2023-01-23 (Experimental Economics)
- NEP-MKT-2023-01-23 (Marketing)
- NEP-PAY-2023-01-23 (Payment Systems and Financial Technology)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ceswps:_10129. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.