A randomized experiment was conducted to see how others opinions affect a users ratings online. Whenever a

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A randomized experiment was conducted to see how others’ opinions affect a user’s ratings online. Whenever a comment was added on a certain social news site, researchers gave it an up vote, down vote, or no vote. The researchers conducting the experiment noted that comments that were given an up vote were more likely to get another up vote as compared to the comments that were given other ratings. What do you think could explain this?
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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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