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• W2111910266 startingPage "338" @default.
• W2111910266 abstract "Individuals influence each others' decisions about cultural products such as songs, books, and movies; but to what extent can the perception of success become a “self-fulfilling prophecy”? We have explored this question experimentally by artificially inverting the true popularity of songs in an online “music market,” in which 12,207 participants listened to and downloaded songs by unknown bands. We found that most songs experienced self-ful- filling prophecies, in which perceived—but initially false—popularity became real over time. We also found, however, that the inversion was not self-fulfilling for the market as a whole, in part because the very best songs recovered their popularity in the long run. Moreover, the distortion of market information reduced the correlation between appeal and popularity, and led to fewer overall downloads. These results, although partial and speculative, suggest a new approach to the study of cultural markets, and indicate the potential of web-based experiments to explore the social psychological origin of other macrosocio- logical phenomena." @default.
• W2111910266 created "2016-06-24" @default.
• W2111910266 creator A5000679279 @default.
• W2111910266 creator A5058815871 @default.
• W2111910266 date "2008-12-01" @default.
• W2111910266 modified "2023-10-01" @default.
• W2111910266 title "Leading the Herd Astray: An Experimental Study of Self-fulfilling Prophecies in an Artificial Cultural Market" @default.
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• W2111910266 doi "https://doi.org/10.1177/019027250807100404" @default.
• W2111910266 hasPubMedCentralId "https://www.ncbi.nlm.nih.gov/pmc/articles/3785310" @default.
• W2111910266 hasPubMedId "https://pubmed.ncbi.nlm.nih.gov/24078078" @default.
• W2111910266 hasPublicationYear "2008" @default.
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