How do you use User Ratings?

I was thinking about those user ratings on products again. I last posted here. Fascinating topic. We all make choices, how?

In one page they mentioned a comic that is so relevant, not only to the subject but also to the Hurricane Sandy, what a coincidence: TornadoGuard

Updates

  • Oct 12, 2013: On the “A Bayesian view of Amazon Resellers” blog post by John D. Cook the comments are very interesting. A lot of smart people in the world! Anyway, one commenter, Ian Maxwell, mentioned that one could use the Rule of succession for these kinds of problems.

Links

  1. Collective Choice: Rating Systems
  2. How do you rate user ratings?
  3. TornadoGuard: The Problem with Averaging Star Ratings
  4. 5 star ratings. Bayesian or Weighted average?
  5. How Not To Sort By Average Rating
  6. What is the Rating Average and how is it calculated
  7. Algorithm for Rating Objects Based on Amount of Votes and 5 Star Rating
  8. Rating Scale
  9. A Bayesian view of Amazon Resellers
  10. Bayesian average
  11. Brewing a Better Rating System
  12. DISCUSSION OF FUNCTIONAL DESIGN OPTIONS FOR
    ONLINE RATING SYSTEMS: A STATE-OF-THE-ART ANALYSIS
  13. Collaborative filtering
  14. ID3

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