16,011 research outputs found
Can electoral popularity be predicted using socially generated big data?
Today, our more-than-ever digital lives leave significant footprints in
cyberspace. Large scale collections of these socially generated footprints,
often known as big data, could help us to re-investigate different aspects of
our social collective behaviour in a quantitative framework. In this
contribution we discuss one such possibility: the monitoring and predicting of
popularity dynamics of candidates and parties through the analysis of socially
generated data on the web during electoral campaigns. Such data offer
considerable possibility for improving our awareness of popularity dynamics.
However they also suffer from significant drawbacks in terms of
representativeness and generalisability. In this paper we discuss potential
ways around such problems, suggesting the nature of different political systems
and contexts might lend differing levels of predictive power to certain types
of data source. We offer an initial exploratory test of these ideas, focussing
on two data streams, Wikipedia page views and Google search queries. On the
basis of this data, we present popularity dynamics from real case examples of
recent elections in three different countries.Comment: To appear in Information Technolog
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Advertising and Word-of-Mouth Effects on Pre-launch Consumer Interest and Initial Sales of Experience Products
This study examines how consumers' interest in a new experience product develops as a result of advertising and word-of-mouth activities during the pre-launch period. The empirical settings are the U.S. motion picture and video game industries. The focal variables include weekly ad spend, blog volume, online search volume during pre-launch periods, opening-week sales, and product characteristics. We treat pre-launch search volume of keywords as a measure of pre-launch consumer interest in the related product. To identify probable persistent effects among the pre-launch time-series variables, we apply a vector autoregressive modeling approach. We find that blog postings have permanent, trend-setting effects on pre-launch consumer interest in a new product, while advertising has only temporary effects. In the U.S. motion picture industry, the four-week cumulative elasticity of pre-launch consumer interest is 0.187 to advertising and 0.635 to blog postings. In the U.S. video game industry, the elasticities are 0.093 and 1.306, respectively. We also find long-run co-evolution between blog and search volume, which suggests that consumers' interest in the upcoming product cannot grow without bounds for a given level of blog volume
Validation of Twitter opinion trends with national polling aggregates: Hillary Clinton vs Donald Trump
Measuring and forecasting opinion trends from real-time social media is a
long-standing goal of big-data analytics. Despite its importance, there has
been no conclusive scientific evidence so far that social media activity can
capture the opinion of the general population. Here we develop a method to
infer the opinion of Twitter users regarding the candidates of the 2016 US
Presidential Election by using a combination of statistical physics of complex
networks and machine learning based on hashtags co-occurrence to develop an
in-domain training set approaching 1 million tweets. We investigate the social
networks formed by the interactions among millions of Twitter users and infer
the support of each user to the presidential candidates. The resulting Twitter
trends follow the New York Times National Polling Average, which represents an
aggregate of hundreds of independent traditional polls, with remarkable
accuracy. Moreover, the Twitter opinion trend precedes the aggregated NYT polls
by 10 days, showing that Twitter can be an early signal of global opinion
trends. Our analytics unleash the power of Twitter to uncover social trends
from elections, brands to political movements, and at a fraction of the cost of
national polls
On the Role of Social Identity and Cohesion in Characterizing Online Social Communities
Two prevailing theories for explaining social group or community structure
are cohesion and identity. The social cohesion approach posits that social
groups arise out of an aggregation of individuals that have mutual
interpersonal attraction as they share common characteristics. These
characteristics can range from common interests to kinship ties and from social
values to ethnic backgrounds. In contrast, the social identity approach posits
that an individual is likely to join a group based on an intrinsic
self-evaluation at a cognitive or perceptual level. In other words group
members typically share an awareness of a common category membership.
In this work we seek to understand the role of these two contrasting theories
in explaining the behavior and stability of social communities in Twitter. A
specific focal point of our work is to understand the role of these theories in
disparate contexts ranging from disaster response to socio-political activism.
We extract social identity and social cohesion features-of-interest for large
scale datasets of five real-world events and examine the effectiveness of such
features in capturing behavioral characteristics and the stability of groups.
We also propose a novel measure of social group sustainability based on the
divergence in group discussion. Our main findings are: 1) Sharing of social
identities (especially physical location) among group members has a positive
impact on group sustainability, 2) Structural cohesion (represented by high
group density and low average shortest path length) is a strong indicator of
group sustainability, and 3) Event characteristics play a role in shaping group
sustainability, as social groups in transient events behave differently from
groups in events that last longer
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