Title :
Understanding Information Adoption in Online Review Communities: The Role of Herd Factors
Author :
Xiao-Liang Shen ; Zhang, Kem Z. K. ; Zhao, Sesia J.
Author_Institution :
Econ. & Manage. Sch., Wuhan Univ., Wuhan, China
Abstract :
Online consumer reviews have shown as an important source of information that affects individuals´ purchase decision making. To understand the influence of massive online reviews in online communities, this study extends prior research on information adoption by incorporating the perspective of herd behavior. We develop and empirically test a research model using data collected in an existing book review site. Our results illustrate two major aspects of findings. First, informational factors, including argument quality and source credibility, predict the adoption of online reviews. Second, we find strong empirical support for the impacts of herd factors, that is, discounting own information and imitating others posit significant influences on the adoption of online reviews. Our findings suggest that herd behavior plays an important role in consumers´ information adoption in online review communities. Discussions on both theoretical and practical implications are provided.
Keywords :
Web sites; consumer behaviour; human factors; purchasing; reviews; argument quality; book review site; consumer information adoption; data collection; empirical testing; herd behavior perspective; herd factors; information source; informational factors; online consumer review communities; online review adoption prediction; purchase decision making; research model; source credibility; Book reviews; Communities; Context; Data models; Decision making; Educational institutions; Mathematical model; Information adoption; Online reviews; electronic word-of-mouth; herd behavior;
Conference_Titel :
System Sciences (HICSS), 2014 47th Hawaii International Conference on
Conference_Location :
Waikoloa, HI
DOI :
10.1109/HICSS.2014.81