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DOI:10.2139/SSRN.3108288 - Corpus ID: 216963057
@article{Zhang2018CanCP, title={Can Consumer-Posted Photos Serve as a Leading Indicator of Restaurant Survival? Evidence from Yelp}, author={Mengxia Zhang and Lan Luo}, journal={Manag. Sci.}, year={2018}, volume={69}, pages={25-50}, url={https://api.semanticscholar.org/CorpusID:216963057}}
- Mengxia Zhang, Lan Luo
- Published in Management Sciences 1 March 2018
- Business, Economics
Despite the substantial economic impact of the restaurant industry, large-scale empirical research on restaurant survival has been sparse. We investigate whether consumer-posted photos can serve as a leading indicator of restaurant survival above and beyond reviews, firm characteristics, competitive landscape, and macroconditions. We employ machine learning techniques to extract features from 755,758 photos and 1,121,069 reviews posted on Yelp between 2004 and 2015 for 17,719 U.S. restaurants…
40 Citations
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Topics
Yelp (opens in a new tab)Photographic Attributes (opens in a new tab)Helpful Votes (opens in a new tab)Informativeness (opens in a new tab)Causal Forests (opens in a new tab)
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