Asymmetric effects of online consumer reviews

Please use this identifier to cite or link to this item: http://hdl.handle.net/10045/51995
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Title: Asymmetric effects of online consumer reviews
Authors: Park, Sangwon | Nicolau, Juan Luis
Research Group/s: Marketing
Center, Department or Service: Universidad de Alicante. Departamento de Marketing
Keywords: Online review | Asymmetrical effects | Heuristics | Count model
Knowledge Area: Comercialización e Investigación de Mercados
Issue Date: Jan-2015
Publisher: Elsevier
Citation: Annals of Tourism Research. 2015, 50: 67-83. doi:10.1016/j.annals.2014.10.007
Abstract: Consumers tend to seek heuristic information cues to simplify the amount of information involved in tourist decisions. Accordingly, star ratings in online reviews are a critical heuristic element of the perceived evaluation of online consumer information. The objective of this article is to assess the effect of review ratings on usefulness and enjoyment. The empirical application is carried out on a sample of 5,090 reviews of 45 restaurants in London and New York. The results show that people perceive extreme ratings (positive or negative) as more useful and enjoyable than moderate ratings, giving rise to a U-shaped line, with asymmetric effects: the size of the effect of online reviews depends on whether they are positive or negative.
URI: http://hdl.handle.net/10045/51995
ISSN: 0160-7383 (Print) | 1873-7722 (Online)
DOI: 10.1016/j.annals.2014.10.007
Language: eng
Type: info:eu-repo/semantics/article
Rights: © 2014 Elsevier Ltd.
Peer Review: si
Publisher version: http://dx.doi.org/10.1016/j.annals.2014.10.007
Appears in Collections:INV - MKT - Artículos de Revistas

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