Social Media and the Global Friendship Network
Article: https://www.wsj.com/articles/social-networks-cant-afford-to-lose-too-many-friends-1533996001 As we all know, social media is a critical component of the practices that define the culture of much of the world in the 21stcentury. The ease of using a computer or phone and being able to instantly communicate with people hundreds of thousands of miles away has allowed us to advance as a […]
Networks and Networking
https://thefinancialbrand.com/75258/banking-social-media-influence-strategies/ It is no secret that your network is perhaps your most important asset when job hunting. The long-standing tradition of “it’s not what you know, it’s who you know,” has proven valuable for those on the job market for decades; so much so that many schools offer networking sessions with large companies to help […]
US China Trade War #Game Theory
Article: Using the Game Theory to Explain the US – China Spat https://www.bloomberg.com/news/articles/2018-06-21/game-theory-explains-why-the-u-s-china-trade-spat-is-worsening Recently, the trade war between US and China has been a hot topic of discuss. The article talks about how the trade war was initiated, and uses game theory to explain why it continually heats up and has no signs of […]
Nash Equilibrium to stop disease spread
https://phys.org/news/2018-09-game-theory-disease-outbreaks.html The article examines the optimal strategies for an individual and a group of individuals to minimize disease spread. When diseases spread, such as the Ebola outbreak in 2014, many countries stopped flights to affected regions, which resulted in a delayed spread to other regions but limited aid worker help to affected regions. This article […]
Braess’s Paradox in 1990
webpage link: https://www.nytimes.com/1990/12/25/health/what-if-they-closed-42d-street-and-nobody-noticed.html On Earth Day of 1990, the New York City’s Transportation Commissioner decided to close 42d Street, a well-known congesting street. At that time, all New Yorkers expected the decision will cause greater traffic jam. On the contrary, to everyone’s surprise, the traffic flow was even improved during that day! This is the […]
Aspects of Game Theory in Personal Relationships
Typical associations people make with the term “game theory” include the game rock paper scissors, economic models or the famous “prisoner’s dilemma”, yet the principles of game theory show up in nearly every facet of life, including our personal relationships. Namely, the prisoner’s dilemma draws a striking parallel to our own interpersonal ties. In the […]
Social Media’s Impact on Elections
https://www.cbsnews.com/news/how-to-hack-the-midterm-election-with-social-media/ Individuals as well as groups that want to influence foreign affairs are able to via the systematic spread of fake news. This was apparent in 2016 and continues to be an issue today. Since social media is so heavily used in the United States, people seeking to spread their ideals and views are able […]
Game Theory in Cumulative Voting
Source: https://www.jstor.org/stable/2132065?seq=3#metadata_info_tab_contents From 1902 to 1954, the state of Illinois had a very unique voting system for its state representative voting system. Voters would elect 3 state senators instead of only one. In addition, each voter received 3 votes instead of one. Voters could use all 3 votes on any number of candidates. For instance, […]
The Impact of Weak Ties in Our Lives
https://pdfs.semanticscholar.org/03a5/1d369617e440ef7004efc641a4b952e61560.pdf It is widely known that our acquaintances (weak ties) are less likely to be socially involved with one another than are our close friends (strong ties). The overall social structural picture suggested by this argument can be seen by considering the situation of some selected individual-call him Ego. The weak tie between Ego […]
European Union and Networks
https://www.bbc.com/news/world-europe-45498514 This article focuses on recent developments with Hungary’s alleged violations of European Union core values, particularly on human rights. The European Union Parliament (EUP), legislative body of the European Union, will seek punitive measures against Hungary if approved by national leaders. The suspension of Hungary’s voting rights—the ultimate sanction that the EUP can impose—is […]
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