Hub/Authority Scores, Information Cascades, and Trump’s claims of fake ballots
Fox News Meets Trump’s Fraud Claims With Skepticism This article from The New York Times discusses Trump’s recent claims of a fraudulent election, how Fox News has reacted, and the response from many Trump supporters regarding fake ballots and an unjust election. As the article points out, Trump and Fox, specifically “Fox & Friends” have […]
Information Cascades and Movie Ratings
Positive online user-generated ratings can significantly increase the “buzz” surrounding newly launched movies, books, and other products. However, this buzz is incredibly fragile. Unrepresentative ratings of early customers can have long-term consequences on future customer purchase behavior. This is due to information cascades. As we learned in class, an information cascade is a phenomenon in […]
Graham Stephan’s YouTube success through search engine optimization and advertiser matching
https://www.forbes.com/sites/jrose/2020/10/28/millennial-cracks-youtube-algorithm—makes-18-million-in-2020-so-far/#16af2686714b This article, titled “Millennial Cracks YouTube Algorithm — Makes $1.8 Million In 2020 (So Far),” follows Graham Stephan, a real estate agent turned YouTuber who posts videos regarding personal finances and his experience making money on YouTube. The article outlines Stephan’s rise to YouTube fame through his own analysis of the YouTube algorithm to […]
How to use Information Cascades to get your Start-Up Funded
Especially for first-time founders, closing a fundraising round is a difficult task. There is the uncertainty of knowing which investors and venture capital firms to reach out to coupled with the low response rate for any cold contacts. Of the 500,000 companies started in the US each year, VC firms only invest in 1,000 and […]
PageRank Rule Algorithm to AP Poll in College Athletics
Rankings are a familiar concept to the likes of college sports fans. They have a large impact on seeding, matchups and seasonal outcomes. The NCAA employs a rankings system for many of the major athletic seasons. While this system exists in many college sports, it is most prominent in basketball and football. The NCAA adapts […]
Information Cascades and the Lockdown Toilet Paper Shortage
When the coronavirus began its rapid spread in the spring, the U.S. went on lockdown. People were told to stay home and only leave if necessary. Shelter in place orders were expected to last for months, causing a wave of consumers to panic buy household goods. Toilet paper in particular was a target of mass […]
The $41 Million Mistake Caused by Network Effects
https://www.applicoinc.com/blog/lack-network-effects-killed-color-app/ Color is a photo sharing app created by entrepreneur Bill Nguyen that was launched in 2011. It didn’t require users to create an account with a username or password, nor did it have any kind of “friends” or “following.” Instead, a user’s photo stream was populated by images that other Color users within 150 […]
Why England has a Second Wave of COVID
https://www.cityam.com/the-public-are-not-to-blame-for-the-second-lockdown/ This article talks about how there has been a second lockdown in place in England due to an increase in cases of COVID-19. The article starts off by refuting the claim that it is the public’s fault for the second spike in cases. They say that the reason for the second spike is […]
Using Information Cascades to Understand How I Form an Opinion on a Movie
Source: https://pubsonline.informs.org/doi/abs/10.1287/mnsc.2014.2082 My friends and I are avid Marvel fans and always make plans to go to see the newest movie together. After walking out of the theater, we gawk over the intense explosions and plot twists that are common to these movies. More often than not, the friend group is in agreement on their […]
To Stop the Pandemic Don’t Vaccinate the Vulnerable First
Link: https://www.wired.com/story/covid-19-vaccine-super-spreaders/ This article, written by Christopher Cox, focuses on the ideal way of distributing the eventual COVID-19 vaccine to limit the spread of the disease as fast and effectively as possible. According to scientists, disease experts, and the general public, vaccinating the most vulnerable will always be the priority. According to this article and […]
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