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Reed's Law
Reed's law is the assertion of David P. Reed that the utility of large networks, particularly social networks, can scale exponentially with the size of the network. The reason for this is that the number of possible sub-groups of network participants is 2''N'' − ''N'' − 1, where ''N'' is the number of participants. This grows much more rapidly than either * the number of participants, ''N'', or * the number of possible pair connections, ''N''(''N'' − 1)/2 (which follows Metcalfe's law). so that even if the utility of groups available to be joined is very small on a per-group basis, eventually the network effect of potential group membership can dominate the overall economics of the system. Derivation Given a set ''A'' of ''N'' people, it has 2''N'' possible subsets. This is not difficult to see, since we can form each possible subset by simply choosing for each element of ''A'' one of two possibilities: whether to include that ele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David P
David (; , "beloved one") was a king of ancient Israel and Judah and the third king of the United Monarchy, according to the Hebrew Bible and Old Testament. The Tel Dan stele, an Aramaic-inscribed stone erected by a king of Aram-Damascus in the late 9th/early 8th centuries BCE to commemorate a victory over two enemy kings, contains the phrase (), which is translated as " House of David" by most scholars. The Mesha Stele, erected by King Mesha of Moab in the 9th century BCE, may also refer to the "House of David", although this is disputed. According to Jewish works such as the '' Seder Olam Rabbah'', '' Seder Olam Zutta'', and ''Sefer ha-Qabbalah'' (all written over a thousand years later), David ascended the throne as the king of Judah in 885 BCE. Apart from this, all that is known of David comes from biblical literature, the historicity of which has been extensively challenged,Writing and Rewriting the Story of Solomon in Ancient Israel; by Isaac Kalimi; page 32; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beckstrom's Law
In economics, Beckstrom's law is a model or theorem formulated by Rod Beckstrom. It purports to answer "the decades-old question of 'how valuable is a network'", and states in summary that "The value of a network equals the net value added to each user’s transactions conducted through that network, summed over all users." Law According to its creator, this law can be used to value any network be it social networks, computer networks, support groups and even the Internet as a whole. This new model values the network by looking from the edge of the network at all of the transactions conducted and the value added to each. It states that one way to contemplate the value the network adds to each transaction is to imagine the network being shut off and what the additional transactions costs or loss would be. It can thus be compared to the value of a pizza delivery service offered to its customers. If the pizza delivery service shut down, then the social value generated by its deliveri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eponymous Laws Of Economics
An eponym is a noun after which or for which someone or something is, or is believed to be, named. Adjectives derived from the word ''eponym'' include ''eponymous'' and ''eponymic''. Eponyms are commonly used for time periods, places, innovations, biological nomenclature, astronomical objects, works of art and media, and tribal names. Various orthographic conventions are used for eponyms. Usage of the word The term ''eponym'' functions in multiple related ways, all based on an explicit relationship between two named things. ''Eponym'' may refer to a person or, less commonly, a place or thing for which someone or something is, or is believed to be, named. ''Eponym'' may also refer to someone or something named after, or believed to be named after, a person or, less commonly, a place or thing. A person, place, or thing named after a particular person share an eponymous relationship. In this way, Elizabeth I of England is the eponym of the Elizabethan era, but the Elizabethan e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Computer Architecture Statements
A computer is a machine that can be programmed to automatically carry out sequences of arithmetic or logical operations (''computation''). Modern digital electronic computers can perform generic sets of operations known as ''programs'', which enable computers to perform a wide range of tasks. The term computer system may refer to a nominally complete computer that includes the hardware, operating system, software, and peripheral equipment needed and used for full operation; or to a group of computers that are linked and function together, such as a computer network or computer cluster. A broad range of industrial and consumer products use computers as control systems, including simple special-purpose devices like microwave ovens and remote controls, and factory devices like industrial robots. Computers are at the core of general-purpose devices such as personal computers and mobile devices such as smartphones. Computers power the Internet, which links billions of computer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Capital
Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups. It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity. Some have described it as a form of capital that produces public goods for a common purpose, although this does not align with how it has been measured. Social capital has been used to explain the improved performance of diverse groups, the growth of entrepreneurial firms, superior managerial performance, enhanced supply chain relations, the value derived from strategic alliances, and the evolution of communities. History While it has been suggested that the term ''social capital'' was in intermittent use from about 1890, before becoming widely used in the late 1990s, the earliest credited us ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Six Degrees Of Kevin Bacon
Six Degrees of Kevin Bacon or Bacon's Law is a parlor game where players challenge each other to choose an actor whom they connect to another actor via a film in which both actors appeared: this is repeated to try to find the shortest path that leads to prolific American actor Kevin Bacon. It rests on the assumption that anyone involved in the Hollywood film industry can be linked through their film roles to Bacon within six steps. The game's name is a reference to "six degrees of separation", a concept that posits that any two people on Earth are six or fewer acquaintance links apart. In 2007, Bacon started a charitable organization called SixDegrees.org. In 2020, Bacon started a podcast called ''The Last Degree of Kevin Bacon''. History In a January 1994 interview with ''Premiere'' magazine, Kevin Bacon mentioned while discussing the film '' The River Wild'' that "he had worked with everybody in Hollywood or someone who's worked with them." Following this, a lengthy newsgrou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Eponymous Laws
This list of eponymous laws provides links to articles on laws, principles, adages, and other succinct observations or predictions named after a person. In some cases the person named has coined the law – such as Parkinson's law. In others, the work or publications of the individual have led to the law being so named – as is the case with Moore's law. There are also laws ascribed to individuals by others, such as Murphy's law; or given eponymous names despite the absence of the named person. Named laws range from significant scientific laws such as Newton's laws of motion, to humorous examples such as Murphy's law. A–B * Acton's dictum: "Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men .. * Aitken's law describes how vowel length in Scots and Scottish English is conditioned by environment. Named for Professor A. J. Aitken, who formulated it. * Alder's razor: See Newton's flaming laser sword below. * Allen's rule ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coase's Penguin
Yochai Benkler ( ; born 1964) is an Israeli-American author and the Berkman Professor of Entrepreneurial Legal Studies at Harvard Law School. He is also a faculty co-director of the Berkman Klein Center for Internet & Society at Harvard University. In academia he is best known for coining the term '' commons-based peer production'' and his widely cited 2006 book ''The Wealth of Networks.'' Biography From 1984 to 1987, Benkler was a member and treasurer of the Kibbutz Shizafon. He received his LL.B. from Tel-Aviv University in 1991 and J.D. from Harvard Law School in 1994. He worked at the law firm Ropes & Gray from 1994 to 1995. He clerked for U.S. Supreme Court Justice Stephen G. Breyer from 1995 to 1996. He was a professor at New York University School of Law from 1996 to 2003, and visited at Yale Law School and Harvard Law School (during 2002–2003), before joining the Yale Law School faculty in 2003. In 2007, Benkler joined Harvard Law School, where he teaches and is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dunbar's Number
Dunbar's number is a suggested cognitive limit to the number of people with whom one can maintain stable social relationships—relationships in which an individual knows who each person is and how each person relates to every other person. This number was first proposed in the 1990s by Robin Dunbar, a British anthropologist who found a correlation between primate brain size and average social group size. By using the average human brain size and extrapolating from the results of primates, he proposed that humans can comfortably maintain 150 stable relationships. There is some evidence that brain structure predicts the number of friends one has, though causality remains to be seen. Dunbar explained the principle informally as "the number of people you would not feel embarrassed about joining uninvited for a drink if you happened to bump into them in a bar." Dunbar theorised that "this limit is a direct function of relative neocortex size, and that this, in turn, limits group siz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Utility
In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. * In a normative context, utility refers to a goal or objective that we wish to maximize, i.e., an objective function. This kind of utility bears a closer resemblance to the original utilitarian concept, developed by moral philosophers such as Jeremy Bentham and John Stuart Mill. * In a descriptive context, the term refers to an ''apparent'' objective function; such a function is revealed by a person's behavior, and specifically by their preferences over lotteries, which can be any quantified choice. The relationship between these two kinds of utility functions has been a source of controversy among both economists and ethicists, with most maintaining that the two are distinct but generally related. Utility function Consider a set of alternatives among which a person has a preference ordering. A utility fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Odlyzko
Andrew Michael Odlyzko (Andrzej Odłyżko) (born 23 July 1949) is a Polish- American mathematician and a former head of the University of Minnesota's Digital Technology Center and of the Minnesota Supercomputing Institute. He began his career in 1975 at Bell Telephone Laboratories, where he stayed for 26 years before joining the University of Minnesota in 2001. Work in mathematics Odlyzko received his B.S. and M.S. in mathematics from the California Institute of Technology and his Ph.D. from the Massachusetts Institute of Technology in 1975. In the field of mathematics he has published extensively on analytic number theory, computational number theory, cryptography, algorithms and computational complexity, combinatorics, probability, and error-correcting codes. In the early 1970s, he was a co-author (with D. Kahaner and Gian-Carlo Rota) of one of the founding papers of the modern umbral calculus. In 1985 he and Herman te Riele disproved the Mertens conjecture. In mat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
