Rich get richer in the film industry
https://thenewdaily.com.au/entertainment/arts/2019/06/05/actors-short-careers/ The news starts with a headline that may concern aspiring actors, “most film stars career lasts just one year long”. By conducting an analysis of over 2 million actors, they found that both men and women will be busiest in the earliest stage of their career, before falling out. The team from the […]
Superplatforms and Network Effects
https://medium.com/swlh/the-age-of-the-superplatform-18546fa77680 The article discusses the issue of “super platforms” and the different arguments in favor and against them. Examples for arguments for them include the free market, which argues that because digital platforms are usually free and have low barriers of entry, there is no problem with companies like Google or Facebook. On the […]
How the choices of others affects the decisions we make
https://www.natureasia.com/en/research/highlight/9914 How the choices of others affects the decisions we make The cascading effect of behavior that we have learned about in class can be observed in many different situations of everyday life. For example if you consider something as simple as choosing where to eat lunch on campus you will very likely be […]
The ‘rich get richer’ idea applies to plants as well?
link This article discusses a study done on patterns of plant invasions. The researchers went in with the hypothesis that areas rich in native plants would be less susceptible to non-native plant invasions. This hypothesis was based on previous small-scale experiments on models that proposed that habitats of low plant diversity would be more vulnerable […]
Research On Why People Use Facebook Less
https://medium.com/swlh/unfriending-facebook-new-research-on-why-people-like-facebook-less-74894b927a0 In class we learned that social media is a product whose market is affected by network effects. A typical product with network effects’ demand rises as more people use the product. Therefore, it is expected that if people don’t use Facebook that more people will leave due to the fact that others have left. […]
What Will the World do Without Likes?
The article chosen talks about the most recent update that Instagram has launched in the United States. Instagram has already implemented the feature in seven other countries and has continued now in the U.S. by deciding to remove likes from posts. There has been a lot of discussion about how this will affect the platform […]
How the median voter theorem shows the flaws of Singapore’s voter system
https://www.straitstimes.com/opinion/a-more-equal-voting-system-needed-in-greying-singapore This article brings light the flaws of the current voting system, specifically in Singapore. In Singapore, the voting system is up for improvement as the population’s older population is influencing modern politics in an unproportional manner. Singapore’s population is known to have a fast aging phenomenon- by 2030 it is predicted that citizens over […]
US Justice Department Investigates Serious Tech Competition Issues
Link: https://finance.yahoo.com/news/justice-department-no-2-cites-170720393.html The article explains the US Justice Department’s concerns regarding the competitive environment of big technology firms such as Facebook or Google, and how they are investigating the situation. While US officials are concerned about the monopolization of these industries and unfair competition, the tech giants argue they face stiff competition. The Deputy Attorney […]
The rich getting richer on online forums.
https://www.popularmechanics.com/science/health/a9335/upvotes-downvotes-and-the-science-of-the-reddit-hivemind-15784871/ Reddit is an online content aggregation, rating, and discussion website that operates as a network of individualized forums, called ‘subreddits’. Almost all content is user submitted, and the popularity of submissions is voted on by users. Like most social platforms, users can ‘like’ a post, or upvote it, and doing so increases its […]
Using Game Theory to Improve Robot Team Collaboration and Coordination
Source: https://www.sciencedirect.com/science/article/pii/S1474667016417763 In a research study conducted by the University of Sheffield, the problem of coordinating actions in robot teams to accomplish tasks in an efficient manner was tackled by using game theory learning algorithms. According to the paper, the novel cooperative control methodology they implemented to address the issue was rooted in the idea […]
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