Beyond Social Currency
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A research study I like enough to have blogged about it a few times is Princeton sociologist Matt Salganik‘s dissertation work on music preferences and social contagion. For those unfamiliar with this work, here is the abstract of his Science article “Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market” (co-authored with Peter Dodds and Duncan Watts):
Hit songs, books, and movies are many times more successful than average, suggesting that “the best” alternatives are qualitatively different from “the rest”; yet experts routinely fail to predict which products will succeed. We investigated this paradox experimentally, by creating an artificial “music ...