Most-Popular Lists Breed More Popularity - WSJ.com
This article documents the self reinforcing phenomenon of popularity lists. The more an article is listed as popular, the more it becomes popular. It is the same dynamic that leads to the formation of too big to fail entities as described in the presentation below.
Uploaded on authorSTREAM by kongtcheu
Awereness of this bias should lead to antitrust type policies to correct it where it affects decision making with potentially dangerous consequences such as in the insurance industry.
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