PageRank as a Source for Bias in Search Engines
Tampering with public access to information and corporate or government censorship has been a concern for philosophers and politicians for hundreds of years. With recent news revelations in terms of Google’s search engine filter, the topic has been raised again, but with a different twist: if news is “fake”, is censorship of this kind still […]
Link : http://www.npr.org/sections/health-shots/2015/06/11/412224854/how-an-economist-helped-patients-find-the-right-kidney-donor Economist Alvin Roth won the Nobel Prize for his work in matching markets. This article takes a brief look at his applying this research to the kidney transplant market. This market seemed very interesting to Roth because Kidneys cannot be bought, it’s illegal, so matching doesn’t work purely off of monetary value. In […]
Shifting from Second Price to Best Price Auctions in Advertising
http://www.thedrum.com/news/2017/10/03/rubicon-project-cto-second-price-auctions-still-drive-liquidity-the-system This article is an interview from Tom Kershaw, the CTO of Rubicon Project, about how his firm is shifting to more best price auctions on their platform. Rubicon Project is an advertising marketplace that previously exclusively used second price auctions to sell advertising space. However, in the face of increased industry skepticism about […]
Game Theory, Prisoner’s Dilemma, The Choices we make each and every day
Of the concepts in Networks that are most frequently seen in day-to-day life, Game Theory is far and beyond one of the most frequent. One of the biggest things games that comes apparent in a person’s life is the Prisoner’s Dilemma. People each day contemplate the risk vs. reward of their choices, and will often […]
A Match Made in Networks!
https://www.economist.com/news/finance-and-economics/21692926-find-true-love-it-helps-understand-economic-principles-underpinning In this generation, one of the most used social media sites are popular dating services. Almost everyone is looking for love and is burdened by the difficulty of finding the “perfect match.” This article explains how online dating websites essentially work as matching markets. These websites take the same strategies we learned for bipartite […]
Social Network Analysis – Using NodeXL
Article: https://sunlightfoundation.com/2012/05/24/tools-for-transparency-a-how-to-guide-for-social-network-analysis-with-nodexl/ Study: https://wiki.cs.umd.edu/cmsc734_f13/images/b/b0/HW2-Hao.pdf There has been an increase in fascination regarding transparency in social network analysis. Certain software allows a user to examine and analyze network structure with graphs and measure for things like degrees, closeness, and even clustering coefficients for thousands of separate nodes. Justin Grimes, PhD candidate at the University of Maryland’s College of […]
Using auctions as advertising
Dropit runs live auctions on stadium scoreboards that fans bid on from the stands Advertising is everywhere. While advertising is most prevalent online or on a screen, there are still physical advertisements in the form of billboards, posters, and magazine pages. However, everyone’s mobile device addiction has been shown to negatively impact the success of […]
Admission to High Schools as a Matching Market Problem
https://timesofindia.indiatimes.com/home/sunday-times/all-that-matters/A-matching-market-is-like-marriage-both-sides-have-to-choose-each-other-Alvin-Roth/articleshow/47940468.cms This article describes how admission to high schools is like a matching market problem. Unlike private schools, public schools do not allow prices to play a role in the admissions process, so the only factor is how cities figure out which children go to which schools. This is especially difficult in highly populated […]
Will Web 3.0 work like your brain?
In the course textbook there is a section about the transition of the web from a library-type reference system with static pages to a web more focused on collaborative and social possibilities (as exemplified by sites like Wikipedia and Facebook) with dynamic pages that are updated frequently. This transition has been described as the move […]
The Dark Box: Second-Price Auctions
Sources: https://adexchanger.com/ad-exchange-news/the-dark-arts-of-second-price-auctions/ https://unruly.co/blog/article/2015/06/23/programmatic-video-wotw-what-are-auctions-second-price-auctions/ Ad exchanges usually use “sealed bid second price auction” for auctioning off an ad space on publishers’ websites. In this type of auction, bidders place bids that are the maximum prices that they would be willing to pay without knowing anything about others’ bids. The winner is the one who bids […]
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