Emotional vs Monetary Payoffs
Source: http://www.sciencedaily.com/releases/2011/06/110601131759.htms In society there are multitudes of cases in which individuals prioritize their own welfare at the cost of the whole. There is tax evasion, overuse of antibiotics, and global issues such as climate change and overfishing. In class we learned these actions can be explained by game theory. Each player acts independently and […]
“Piictu”re Conversations
http://techcrunch.com/2011/09/22/piictu-launches-grabs-seed-funding-to-grow-its-game-ified-photo-sharing-app/ Piictu, a new photo-sharing app for the iPhone, recently launched itself to the public. This new service, similar to the now-retired Google app Photovine, allows users to create “a new kind of visual network where interactions take place through direct ‘picture conversations’ — not just your average, run-of-the-mill photo sharing.” For example, a topic […]
The Relationship between Social Network and the Spread of HIV
http://www.arnetminer.org/viewpub.do?pid=2935963 In the research paper Small world network models of the dynamics of HIV infection by I.T. Vieira, R.C.H. Cheng, P.R. Harper, and V. de Senna, the writer discussed the spread of HIV and its relationship to social network through use of newer modeling theory, including the small world networks theory and the sixth degree […]
Using Game Theory to reduce Greenhouse Gas Emissions
Journal article: http://www.pik-potsdam.de/members/heitzig/how-to-cooperate-in-the-emissions-game-and-other-repeated-public-good-games Summary of journal article: http://www.huffingtonpost.com/2011/09/16/climate-change-solution-game-theory_n_965027.html The first link is for a journal article written by Jobst Heitzig called “Self-enforcing strategies to deter free-riding in the climate change mitigation game and other repeated public good games,” and the second link is a summary of the journal article in the news. The article describes […]
Game Theory Explains why certain content goes Viral in Social Networks
Many of us are familiar with a YouTube video or new song that has gone viral over the Internet. Some well-known examples are Rebecca Black’s song titled Friday and the YouTube video Charlie Bit my Finger. A lot of studies have been done in an attempt to explain why some contents goes viral and others […]
Social Capital
http://jcmc.indiana.edu/vol12/issue4/ellison.html This article discusses the use of facebook and how it is important in forming social networks, and gaining social capital. The writer defines social capital as “resources accumulated through the relationships among people.” People can draw resources from other members of a social network that he or she belongs. These resources can come in […]
Yahoo on sale? Auctions and relations of web-based corporations
The world of online public services is fast and aggressive. Any company unable to keep up with the new trends and needs of the population quickly find it hard to stay afloat amongst its more popular kin. So, with the recent innovations and advances of companies like Google and Facebook, Yahoo Inc. has been relatively […]
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