Thursday, March 19, 2015

Peer Influence on Content Creation

The paper A Bayesian Model to Predict Content Creation with Two-Sided Peer Influence in Content Platforms caught my eye in my SSRN feed. It's by Bin Zhang (Arizona - MIS), Anjana Susarla (Michigan State - Business), and Ramayya Krishnan (Carnegie Mellon - Public Policy). The abstract is here:

While prior research has studied the motivations of individuals to consume content on social media platforms, limited work exists on how contributors are motivated to create content. We examine the role of peer influence in content production on YouTube, where content creators are competing for attention. Given that content creation efforts are driven not only by their personal preferences, but also by the content creation decisions of others in the network neighbors, we develop a new method to analyze discrete choice decisions (such as creating content or not) in a networked environment with panel data. We face a novel set of big data challenges, i.e., both statistical and quantitative, in estimating peer influence. We face computational challenges in that we cannot reasonably estimate peer influence over the entire YouTube network, which has billions of nodes. We employ graph sampling methods to address this issue. Identification of social influence in large-scale social networks such as YouTube is difficult due to the interdependence in decisions of users, correlations between the video's observable and unobservable characteristics and attributes over time. These patterns cannot be modeled with existing autocorrelation models. We design a new method, the Network Auto-Probit Model with Fixed Effects (NAFE), to identify peer influence among content creators on YouTube. Implications for research and practice are also discussed.
This is a complex, dense paper, but I think it has a lot to offer those interested in the incentives of creation. The authors study the collaborative versus competitive effects of limited attention, and how that attention drives the creation of content.

This, of course, is something I understand as a blogger - the more readers you have, the more you feel like you have to deliver content.   And it may explain a little of what Eric Goldman noted, about how blogs engage with each other less than they used to (because they are competing, rather than collaborating).

I think more study and thought will reveal some interesting takeaways for IP.

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