As an alternative to regulation, social media platforms may police their own content. Social influencers may do the same to maintain their reputation and desired followers. Self-regulation of online gambling can achieve these goals but may also have spillover effects, deterring less engaged followers while not reducing traffic to banned sites.
To test the effects of self-regulation, this study uses a difference-in-differences approach with a panel of 6,000 streamers to analyze the impact of a livestreaming platform’s ban on promotion of unlicensed online gambling sites.
With choices, too much of a good thing can be overwhelming. Rotational variety—holding some items constant while varying others over time—offers choice while adding fun to the process, encouraging repeat consumption. This strategy is particularly effective in high-frequency, hedonic categories such as food, beverage, fitness, and digital content.
Analyzes online experiments, a field study, and consumer reviews to demonstrate that varying some options over time while holding others constant can increase the fun of consumer decision making and encourage repeat consumption.