Towards a hyperlinked society : a critical review of link studies

The hyperlink is a fundamental feature of the web. This paper investigates how hyperlinks have been used as research objects in social sciences. Reviewing a body of literature belonging to sociology, political sciences, information sciences, geography or media studies, it particularly reflects on the study of hyperlinks as indicators of other social phenomena. Why are links counted and hyperlink networks measured? How are links interpreted? The paper then focuses on barriers and limitations to the study of links. It addresses the issue of unobtrusiveness, the importance of interpreting links in context, and the possibilities of large-scale, automatic link studies. We finally argue that beyond the apparent diversity and ad hoc methodologies that the reviewed studies propose, a unified framework exists. It combines quantitative link counts, qualitative inquiries and valuation of field expertise to support link interpretation

The Bitcoin as a Virtual Commodity: Empirical Evidence and Implications

The present work investigates the impact on financial intermediation of distributed ledger technology (DLT), which is usually associated with the blockchain technology and is at the base of the cryptocurrencies' development. "Bitcoin" is the expression of its main application since it was the first new currency that gained popularity some years after its release date and it is still the major cryptocurrency in the market. For this reason, the present analysis is focused on studying its price determination, which seems to be still almost unpredictable. We carry out an empirical analysis based on a cost of production model, trying to detect whether the Bitcoin price could be justified by and connected to the profits and costs associated with the mining effort. We construct a sample model, composed of the hardware devices employed in the mining process. After collecting the technical information required and computing a cost and a profit function for each period, an implied price for the Bitcoin value is derived. The interconnection between this price and the historical one is analyzed, adopting a Vector Autoregression (VAR) model. Our main results put on evidence that there aren't ultimate drivers for Bitcoin price; probably many factors should be expressed and studied at the same time, taking into account their variability and different relevance over time. It seems that the historical price fluctuated around the model (or implied) price until 2017, when the Bitcoin price significantly increased. During the last months of 2018, the prices seem to converge again, following a common path. In detail, we focus on the time window in which Bitcoin experienced its higher price volatility; the results suggest that it is disconnected from the one predicted by the model. These findings may depend on the particular features of the new cryptocurrencies, which have not been completely understood yet. In our opinion, there is not enough knowledge on cryptocurrencies to assert that Bitcoin price is (or is not) based on the profit and cost derived by the mining process, but these intrinsic characteristics must be considered, including other possible Bitcoin price drivers

The Influence of Image Quality on User Interactions

The purpose of this paper is to evaluate the effect of image size on number of user interactions across different blogging platforms. Earlier studies (Kornejeva, 2012; Liao et al., 2013) indicate that visual components of blogs can impact readers' experiences with blog content. This study aims to further explore the ways in which visual components impact readers. The number of images, sizes of the images, number of comments and number of non-comment interactions per post were collected from 400 WordPress posts and 400 Blogger posts. While no effect of image size was detected, an effect of image presence was detected. Opportunities for further research were discussed, as were the implications of the findings of this study.Master of Science in Information Scienc