Information Cascades and Ideological Views
In this academic paper, the researchers propose a model to learn ideological leaning of users by analyzing how political content follows through a network. In their model, they assume that information propagates from one user to another if both the users are interested in the topic and ideologically aligned. This relates to information cascades. Information […]
Evolution of Mobile Games as Social Networks
Raise your hand if you never considered yourself a gamer, but found yourself playing Among Us, Skribbl.io, etc. in the past year. With the pandemic forcing most social interaction online, many people took to games to socialize with each other. Mobile games especially grew in popularity because of their versatility and accessibility. With a simple […]
Information Cascades in Online Event Scheduling
When it comes to finding a time to meet up that fits into the schedules of busy college students, online polling apps, such as LettuceMeet or When2Meet, have become the preferred method of coordination. However, research has shown that this decision making process can be subjected to social influence and information cascades if the polling […]
Information Cascades in E-Commerce
Common sense would dictate that customers want to buy products that are highly rated by other customers. Qihua Liu, Shan Huang, and Liyi Zhang further explore this concept in their paper The influence of information cascades on online purchase behaviors of search and experience products. We learned in class that information cascades are essentially the […]
Auction and Dealer Market: More insight
Auction Market and NYSE In auction markets, buyers enter competitive bids and sellers submit competitive offers at the same time. Commonly speaking, the price at which a stock trade represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to accept. The auction works through the way that […]
What if enrolling in classes at Cornell University became an auction?
In my Networks class at Cornell University, Professor Easley and Professor Halpern have discussed many interesting topics involving game theory. In particular, auctions have been one of the most fascinating topics we have learned about. Recently, the class roster for Spring 2022 has been released for Cornell students to plan out their schedule for pre-enrollment. […]
Super Bowl Commercials
There is no time for bathroom break during the Super Bowl. It’s the annual, most anticipated championship game of NFL. And the commercials are also a must watch. In this post, we will look into super bowl commercials and how they work including pricings, and slot assignment. This is related to advertising part of the […]
The Simplicity of the Hawk and Dove Game
The Hawk and Dove Game is a classic game in the study of Game Theory. Essentially, there are two players and each can choose the Hawk Option (some sort of aggression) or the Dove (some sort of non-aggression). Usually the way that this game works is that if one side chooses Hawk, while the other […]
Two-Step Private Auction
We have talked about various types of auctions for a while now in class, aside of the types of auctions we discussed in class, there’re other auctions worth to know. For example, a two-step private auction, proposed by Lixin Ye from Ohio State University, is a variation on the controlled auction process used in the […]
Simultaneous Multiple Round Auctions
In class we have done a lot of exploration of the generalized second price (GSP) auction where bidders place bids and then the highest bidder pays the second highest price, the second highest pays the second highest price and so on. One common example where the GSP is companies such as Google and Twitter selling […]
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