Social Influence and the Matthew Mechanism: The Case of an Artificial Cultural Market
2013 (English)Report (Other academic)
We show that the Matthew effect, or Matthew mechanism, was present in the artificial cultural market Music Lab when social influence between individuals was allowed, whereas this was not the case when social influence was not allowed. We also sketch on a class of social network models, derived from social influence theory, that may gener-ate the Matthew effect. Thus, we propose a theoretical framework that may explain why the most popular songs were much more popular, and the least popular songs were much less popular, than when disallowing social influence between individuals.
Place, publisher, year, edition, pages
Uppsala, 2013. , 13 p.
Working paper / Department of Economics, Uppsala University (Online), ISSN 1653-6975 ; 2013:11
Matthew effect, Music Lab, social influence, social network
Research subject Economics
IdentifiersURN: urn:nbn:se:uu:diva-202761OAI: oai:DiVA.org:uu-202761DiVA: diva2:633290