How Network Theory Can Explain the Outbreak of War
Similar to our studies of stable and unstable networks in classes, Matthew Jackson and Stephen Nei of Stanford University have used a combination of network theory and game theory to study the stability of different types of global networks. Specifically, they study networks of trade agreements and military alliances and how they relate to the […]
Facebook’s Friend Suggestions
Facebook is the largest social networking site, with over a billion monthly active users averaging hundreds of friends. For a few years now, Facebook has had a feature that recommends friends to users. While the idea of recommending someone new friends may seem strange, chances are you actually know the person being suggested. No, Facebook […]
An Auction? Most EBay Users Don’t Have Time for That
With modern distractions such as Facebook and Youtube, people don’t have as much time to focus on thing that take time to develop or finish, such as auctions. eBay, one of the leading corporations in online auctioning. has now become more like Amazon, a site where sellers can post “Buy It Now” prices and buyers can […]
Alternative explanation for information cascades
It is a common phenomenon in our life that people follow what the crowds do even though it contradicts their own decision. In our class we call this information cascade. According to study mentioned in this article (http://www.scientificamerican.com/article/following-the-crowd/), the occurrence of information cascade results from people’s natural conformity. It’s also interesting to note that when […]
The cloud as an extension of your brain
Source: “As We May Think” by Vannevar Bush The prescience of Vannevar Bush’s vision in As We May Think has already been mentioned in class, but I now feel that it cannot at all be overstated and is, quite frankly, amazing. I had to remind myself several times throughout the course of reading this article […]
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