The Number of Alternative Products and the Information about it on the Online Shop

As the Internet can aggregate and distribute a great amount of information to users, providing numerous products for consumers has been recognized as a major advantage of electronic commerce. Causing by the problem of information overload, however, consumers facing many alternatives on the online shop may feel hard to decide which one they prefer. Based on the theory of decision style and prospect theory, this study explores if too many products sold on the online shop will reduce consumers’ subjective status toward their buying decision. A 3×3 between subjects experiment was conducted and showed that the buyers’ decision style, the quantity of alternative products and the information about it will affect consumers’ subjective status. These results suggest that we should consider the role of electronic intermediaries more carefully, and further examine the theory of information overload and the need for information literacy to prepare for the future

Decay Constants of Pseudoscalar DD-mesons in Lattice QCD with Domain-Wall Fermion

We present the first study of the masses and decay constants of the pseudoscalar $D$ mesons in two flavors lattice QCD with domain-wall fermion. The gauge ensembles are generated on the $24^3 \times 48$ lattice with the extent $N_s = 16$ in the fifth dimension, and the plaquette gauge action at $\beta = 6.10$, for three sea-quark masses with corresponding pion masses in the range $260-475$ MeV. We compute the point-to-point quark propagators, and measure the time-correlation functions of the pseudoscalar and vector mesons. The inverse lattice spacing is determined by the Wilson flow, while the strange and the charm quark masses by the masses of the vector mesons $\phi(1020)$ and $J/\psi(3097)$ respectively. Using heavy meson chiral perturbation theory (HMChPT) to extrapolate to the physical pion mass, we obtain $f_D = 202.3(2.2)(2.6)$ MeV and $f_{D_s} = 258.7(1.1)(2.9)$ MeV.Comment: 15 pages, 3 figures. v2: the statistics of ensemble (A) with m_sea = 0.005 has been increased, more details on the systematic error, to appear in Phys. Lett.

The Impact of Online Recommendations and Consumer Feedback on Sales

Quality uncertainty and high search costs for identifying relevant information from an ocean of information may prevent customers from making purchases. Recognizing potential negative impacts of this search cost for quality information and relevant information, firms began to invest in creating a virtual community that enables consumers to share their opinions and experiences to reduce quality uncertainty, and in developing recom- mendation systems that help customers identify goods in which they might have an interest. However, not much is known regarding the effectiveness of these efforts. In this paper, we empirically investigate the impacts of recommendations and consumer feedbacks on sales based on data gathered from Amazon.com. Our results indicate that more recommendations indeed improve sales at Amazon.com; however, consumer ratings are not found to be related to sales. On the other hand, number of consumer reviews is positively associated with sales. We also find that recommendations work better for less-popular books than for more-popular books. This is consistent with the search cost argument: a consumer’s search cost for less-popular books may be higher, and thus they may rely more on recommendations to locate a product of interest

Fighting Information Good Piracy with Versioning

Information goods piracy is a pervasive problem as advanced information and communication technologies become so inexpensive and so easy to access. This problem, if not alleviated, can pose a serious loss to society as it can reduce information goods providers’ incentives to develop information goods or threaten the use and growth of the Internet as a distribution media for valued digital information goods. Contrasting with previous literature, which mainly consider instruments, such as law enforcement or technology-based solutions, that work on increasing individual piracy cost, we consider using versioning as a complementary means to these other methods. While the previous literature has shown that versioning may not be the optimal strategy for information goods (having negligible or concave marginal costs), we show that versioning could be a very effective and profitable instrument to fight piracy. Furthermore, we also show that it is possible to do this without sacrificing the consumer’s surplus and, as a result, the entire social welfare could increase. This suggests that by using versioning along with other instruments that work on increasing individual piracy cost, information goods providers can fight piracy more efficiently

Boosting Factual Consistency and High Coverage in Unsupervised Abstractive Summarization

Abstractive summarization has gained attention because of the positive performance of large-scale, pretrained language models. However, models may generate a summary that contains information different from the original document. This phenomenon is particularly critical under the abstractive methods and is known as factual inconsistency. This study proposes an unsupervised abstractive method for improving factual consistency and coverage by adopting reinforcement learning. The proposed framework includes (1) a novel design to maintain factual consistency with an automatic question-answering process between the generated summary and original document, and (2) a novel method of ranking keywords based on word dependency, where keywords are used to examine the coverage of the key information preserved in the summary. The experimental results show that the proposed method outperforms the reinforcement learning baseline on both the evaluations for factual consistency and coverage