Learning From Reviews: The Selection Effect and the Speed of Learning

<jats:p>This paper develops a model of Bayesian learning from online reviews and investigates the conditions for learning the quality of a product and the speed of learning under different rating systems. A rating system provides information about reviews left by previous customers. observe th...

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Bibliographic Details
Main Authors: Acemoglu, Daron, Makhdoumi, Ali, Malekian, Azarakhsh, Ozdaglar, Asuman
Other Authors: Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
Format: Article
Published: The Econometric Society 2023
Subjects:
Online Access:https://hdl.handle.net/1721.1/147993