Applying PageRank
http://www.nature.com/srep/2012/120802/srep00541/pdf/srep00541.pdf The recent financial crisis imparted in certain European statistics professors a strange desire to model major U.S. financial institutions and their interdependencies as a network. The goal of creating this model was to figure out if there is a critical mass of institutions upon which the entire financial system depends–i.e., if there truly are […]
Information Cascades in relation to Mass Movements
Those who possess limited knowledge regarding the topic might think that information cascades simply refer to what happens when people make decisions based on the decisions of others around them. While overtly information cascades seem like a trivial and easy to understand phenomena, in reality, most people don’t realize how prevalent information cascades are in […]
Explaining the Twilight Phenomenon
I, along with almost every breathing female between the ages of 13 and 30, have read the Twilight series. After completing this ordeal, I realized that all Twilight was was an overdone Romeo and Juliet wannabe plot with fangs and an even more pathetically in love and sappy female lead. The sparkly vampires failed to […]
Ultrabooks? Why information cascade can decide the fate of Intel’s newest technology
http://bits.blogs.nytimes.com/2012/10/01/ultrabooks-still-fail-to-catch-on/ http://en.wikipedia.org/wiki/Ultrabook http://www.intel.com/content/www/us/en/sponsors-of-tomorrow/ultrabook.html Have you ever heard of the term “ultrabook”? It is perfectly normal if you haven’t, in fact the spell check add-on that I’m currently using also fails to recognize the term. Ultrabook is a new class of laptop, introduced by Intel in 2011, which is designed to be ultra-thin, ultra-light and […]
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