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| Research on Herd Effect Identification in Online Public Opinion Events |
| Shen Wang, Li Xin, Yan Zhipeng, Li He |
| School of Business and Management, Jilin University, Changchun 130012 |
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Abstract This study focuses on identifying the herding effect in online public opinion events, aiming to systematically construct a multidimensional quantitative identification method for it and further explore the dynamic evolution of this effect. First, this study analyzes and deconstructs the herding effect in online public opinion. Then, it constructs a dynamic user network that integrates semantic features and emotional intensity, and employs the Louvain-Blondel algorithm for dynamic community detection among users. Subsequently, it systematically identifies the herding effect across four dimensions: the explosiveness of dissemination, the influence of dominant communities, group aggregation, and the convergence of information content. Empirical research shows that the Herding Index follows a dynamic trajectory of “rapid rise-fluctuation-resurgence-decline,” with changes in modularity serving as a key driving factor. Specifically, in the outbreak stage of public opinion, the modularity decreases significantly, and the dominant community is formed rapidly to promote the aggregation of opinions; at the point of major information disclosure, the decline in modularity again can trigger a nonlinear resurgence of the herd effect, indicating that external stimuli have a significant activating effect on group behavior. In terms of validity verification, the herd effect index is highly synchronized with the change in the number of comments (Pearson correlation coefficient r = 0.9172, p < 0.001). Exploratory Factor Analysis (EFA) demonstrates that the four indicators had good construct validity and can effectively measure the core characteristics of the herding effect. The fitting and prediction results of the grey prediction model (GM (1,1)) show that the index has good trend response and prediction capabilities in different stages, especially showing high prediction accuracy in the stable evolution stage, which verifies the effectiveness of the identification method.
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Received: 08 October 2025
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