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Research Seminar with David Waguespack
May 20, 2016 @ 12:00 am - 1:00 pm
Competition and Influence between Critics
Are information intermediaries subject to competitive pressure and influence from each other? How does this impact their published reviews? Our study provides evidence that film and video game critics, unlike securities analysts whose forecasts tend to converge on those of other analysts, differentiate from each other. Using reviews posted on Metacritic.com for movies and video games, we examine the differences between reviews by critics when they are published on the same day and when one critic publishes a review after the other. Our within-product and within-critic analyses suggest that critics are more negative than they would otherwise be when they can observe the reviews of other critics. This effect is heightened as the competitive overlap between the critics increases.
Dr. David M. Waguespack is Associate Professor of Management & Organization at the Robert H. Smith School of Business at the University of Maryland. Dr. Waguespack received his PhD in Political Science, focusing on environmental politics and science and technology policy. Prior to arriving at Maryland he was a project manager at the University of California Los Angeles, and an adjunct political science professor at SUNY Buffalo. Dr. Waguespack ‘s research focuses on non-market influences, such as social networks and political institutions, on innovation and venture performance. His ongoing work pursues these questions in the domains of film production and distribution, internet technology development, international patenting, and environmental management.
Primary Research Areas:
- Social networks
- Technology management