Rich-Get-Richer Effect in LinkedIn
https://hbr.org/2016/05/the-more-people-we-connect-with-on-linkedin-the-less-valuable-it-becomes This article criticizes the current norm of LinkedIn, which is the more connections a person has the better he/she appears. As the article points out, LinkedIn used to hold a “smaller is better” strategy. It suggests people to carefully select who they connect to and only connect with who they know and trust. However, […]
Validity of Social Contagion Network in Modeling Spread of Fake News
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0203958 https://www.nature.com/articles/s41562-017-0132#citeas With the recent rise in the topic of fake news, a form of news that intended to spread misinformation, numerous researches were conducted to understand and counter the phenomenon. One common explanation is the human tendency to fall for confirmation bias in which individuals tend to seek information that reinforces their beliefs. […]
The Doomsday Argument
https://www.vox.com/the-highlight/2019/6/28/18760585/doomsday-argument-calculation-prediction-j-richard-gott https://www3.nd.edu/~jspeaks/courses/2011-12/20229/handouts/20%20Doomsday.pdf Eventually, the human civilization has to come to an end. This is statistically true. Though one can’t say so with literal 100% confidence, the probability of humanity ending in a trillion years can almost certainly be estimated to be virtually 100%. The doomsday argument attempts to determine the probability of humanity ending within […]
The Hidden Influence Network in the Fashion Industry
Link: http://yusanlin.com/files/papers/wits14_hidden.pdf I love shopping at Urban Outfitters, Vineyard Vines, Kate Spade, Ted Baker, UGG, and many more fashion brands. Though all these stores cater to a slightly different customer, they all carry similar styles at similar times due to the current fashion trends, but where did they see these trends? And how do they […]
Robbery News Information Cascade
https://www.researchgate.net/publication/239761833_Information_cascades_in_social_media_in_response_to_a_crisis_A_preliminary_model_and_a_case_study As we learned in class, an information cascade is a phenomenon where people methodically make the same decision as others who made it before them. This practice can be seen in many everyday places, especially now with the rise of social media. Pictures, videos, famous people, and hashtags frequently are cascaded through the population […]
Evolutionarily Stable Strategies and Artificial Intelligence
https://www.quantamagazine.org/artificial-intelligence-discovers-tool-use-in-hide-and-seek-games-20191118/ Recently, researchers at OpenAI trained bots to play hide and seek in an environment which they were able to manipulate, and came across some surprising results. As initially predicted, the hiders found ways to barricade themselves into “forts” built from blocks in the environment in order to evade capture, and the seekers managed to […]
The rich get richer, …and the poor get poorer?
When the rich get richer, do the poor get poorer? Link1: (https://www.youtube.com/watch?v=c8PK-f84PBs) Link 2: (https://www.ocregister.com/2019/05/01/the-progressive-myth-that-the-rich-get-richer-the-poor-get-poorer/#) vs The rich get richer and the poor get poorer? Link 3: (https://www.youtube.com/watch?v=vsfi6NEvA_I) During the lectures, we’ve heard the phrase “Rich-get-richer” for more than once. Then, it was elaborated with examples as a lot of skew in popularity can […]
Planning One’s Thanksgiving Break – Information Cascade
As we discussed in the homework, Information Cascade also takes place at the party and affects individuals to decide whether to attend or not attend the party. As some of the earlier participants mark “Not Attend,” we have a higher chance that the following people will not attend the party as well. Information cascade described […]
The Rich Get Richer—and More Educated
https://www.theatlantic.com/business/archive/2015/02/the-rich-get-richer-and-more-educated/385166/ The gap between America’s richest and poorest families has a well-known phenomenon – the rich get richer. Such impact also creates long-lasting and detrimental consequences on the ability to achieve educational goals. As for the college-enrollment rate, the gap between the groups has actually gotten slightly smaller. But when it comes to actually graduating, […]
MoviePass and Network Effects
MoviePass was a subscription-based service that provided customers with a movie ticket a day (any standard movie in any theater) for a fixed rate per month. It was launched almost a decade ago in 2011, where it was largely unsuccessful in disrupting the market until bought out by the analytics firm Helios and Matheson in […]
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