The Logic of Collective Rating

Abstract

The introduction of participatory rating mechanisms on online sales platforms has had substantial impact on firms’ sales and profits. In this note, we develop a dynamic model of consumer influences on ratings and of rating influences on consumers, focussing on standard five-star mechanisms as implemented bymany platforms. The key components of our social… (More)
DOI: 10.3389/fphy.2016.00015

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Cite this paper

@inproceedings{Nax2016TheLO, title={The Logic of Collective Rating}, author={Heinrich H. Nax}, booktitle={Front. Phys.}, year={2016} }