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Quantifying Social Influence in an Online Cultural Market

Overview of attention for article published in PLOS ONE, May 2012
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Title
Quantifying Social Influence in an Online Cultural Market
Published in
PLOS ONE, May 2012
DOI 10.1371/journal.pone.0033785
Pubmed ID
Authors

Coco Krumme, Manuel Cebrian, Galen Pickard, Sandy Pentland

Abstract

We revisit experimental data from an online cultural market in which 14,000 users interact to download songs, and develop a simple model that can explain seemingly complex outcomes. Our results suggest that individual behavior is characterized by a two-step process--the decision to sample and the decision to download a song. Contrary to conventional wisdom, social influence is material to the first step only. The model also identifies the role of placement in mediating social signals, and suggests that in this market with anonymous feedback cues, social influence serves an informational rather than normative role.

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Mendeley readers

Mendeley readers

The data shown below were compiled from readership statistics for 86 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
United Kingdom 2 2%
Switzerland 2 2%
Spain 2 2%
Netherlands 1 1%
Australia 1 1%
Peru 1 1%
Colombia 1 1%
China 1 1%
United States 1 1%
Other 0 0%
Unknown 74 86%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 28 33%
Researcher 11 13%
Student > Master 10 12%
Student > Doctoral Student 8 9%
Student > Bachelor 4 5%
Other 14 16%
Unknown 11 13%
Readers by discipline Count As %
Social Sciences 19 22%
Computer Science 15 17%
Business, Management and Accounting 14 16%
Psychology 11 13%
Arts and Humanities 5 6%
Other 10 12%
Unknown 12 14%