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Vol. 32, No. 1, January–February 2013, pp. 153–169
ISSN 0732-2399 (print) ISSN 1526-548X (online) /10.1287/mksc.1120.0755
© 2013 INFORMS
Modeling Consumer Learning from
Online Product Reviews
Yi Zhao
J. Mack Robinson College of Business, Georgia State University, Atlanta, Georgia 30303,
yizhao@
Sha Yang
Marshall School of Business, University of Southern California, Los Angeles, California 90089,
shayang@
Vishal Narayan
Samuel Curtis Johnson Graduate School of Management, Cornell University, Ithaca, New York 14853,
vn28@
Ying Zhao
Hong Kong University of Science and Technology, Clearwater Bay, Kowloon, Hong Kong,
mkyzhao@ust.hk
e propose a structural model to study the effect of online product reviews on consumer purchases of
Wexperiential products. Such purchases are characterized by limited repeat purchase behavior of the same
product item (such as a book title) but significant past usage experience with other products of the same type
(such as books of the same genre). To cope with the uncertainty in quality of the product item, we posit
that consumers may learn from their experience w
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