Power And Network In Africa
It is a well known fact that a good number of African leaders tends to remain in power for what would be considered really long terms. The former Libyan president, Muammar Gaddafi, who made headlines wherever he went was the de facto ruler of the country for 42 years. Former kenyan president, Daniel Moi, was […]
Strength of Underlying Network To Predict Soccer Success
Soccer is a game within which intricate networks and game theory tactics exist. In this post I will address passing networks within soccer teams. In the network model used, the players are the nodes and connections represent passes among the players (thicker lines meaning stronger connections). Looking at the 2010 World Cup Champion Spanish team […]
Social Media’s effect on Political Discussion
A recent study by the Pew Research Center and Rutgers University provides evidence in support of the “Spiral of Silence” theory, which claims people are less likely to speak out when they believe they hold a different opinion from the majority of their family and peers. The survey polled 1,801 people on their willingness to […]
Spotify: Structural Holes & Balance
Spotify started off as a small, local company based in Sweden, and has grown into one of the most globally popular sources of music in a relatively short period of time. As their service became more prevalent around the world, they began bridging structure holes between groups of people whose music choices varied drastically. Thus, […]
Uber–Seizing Network Effects
http://www.nytimes.com/2014/06/14/upshot/ubers-real-challenge-leveraging-the-network-effect.html?abt=0002&abg=1 Nell Irwin titled his recent article on New York Times as “Uber’s Real Challenge: Leveraging the network effects”, adding a new comment to this would-be monopoly in the transportation network. He proposed that whether this ride-sharing service would eventually take over yellow cab’s dominance depends on its ability to “hold on customers and fend […]
The Game of Life – Game Theory in Relationships
The applications of Game Theory know no bounds. “It’s not you, it’s the dishes”, by Paula Szuchman and Jenny Anderson, details how to use Game Theory to intelligently mediate marriage conflicts that regularly erupt over mundane chores. Rather than appealing to fairness, justice, or any other moral sensibility, the authors suggest that altering the underlying incentives […]
Golden Balls
There is British Game show called “Golden Balls” that employs the prisoner’s dilemma. The game begins with four contestants, and over the course of the first two rounds, two contestants are eliminated, and a jackpot amount of money is compiled. The final round is where the excitement happens. The premise is simple. There is a […]
Game Theory in Marketing
Many new products are typically discovered through marketing. However, can companies improve their marketing strategies through use of game theory? In order for game theory to be completely successful, all factors affecting the outcome must be known. This becomes a problem when applying game theory to marketing. Humans are unpredictable. Even if companies use game […]
Job Searching with Triadic Closure
With the increase of social networking sites like Facebook and LinkedIn it is much easier to expand and stay in touch with ones network. Not only are sites like these useful for keeping in touch with your social network but it is becoming increasingly popular use them to find professional jobs. This article analyzes a […]
Game Theory in the Crimean Crisis
In this article, Daniel Altman discusses the game theory behind Vladimir Putin’s decisions regarding Crimea earlier in 2014. Putin uses game theory as a tool to consider his opponent’s dominant strategy and only pursues ideas in which he cannot lose. In an attempt to increase Russia’s sphere of influence, or physical empire, Putin began by […]
« go back — keep looking »