Two Formulas for Success in Social Media: Social Learning and Network Effects

This paper examines social learning and network effects that are particularly important for online videos, considering the limited marketing campaigns of user-generated content. Rather than combining both social learning and network effects under the umbrella of social contagion or peer influence, w...

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Bibliographic Details
Main Authors: QIU, Liangfei, TANG, Qian, Whinston, Andrew B.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/sis_research/2195
https://ink.library.smu.edu.sg/context/sis_research/article/3195/viewcontent/wise20130_submission_13.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:This paper examines social learning and network effects that are particularly important for online videos, considering the limited marketing campaigns of user-generated content. Rather than combining both social learning and network effects under the umbrella of social contagion or peer influence, we develop a theoretical model and empirically identify social learning and network effects separately. Using a unique data set from YouTube, we find that both mechanisms have statistically and economically significant effects on video views, and which mechanism dominates depends on the specific video type.