http://www.nytimes.com/2008/03/05/business/smallbusiness/05edge.html
In the article “Storing Information for Profit” by the New York Times, a new technological development called “cloud computing” shows promise in permanently altering the corporate and information network structures of our world. The emergence of cloud computing in the corporate environment offers companies “information that is stored on the World Wide Web and not […]

A giant component is a connected set of nodes that consists of the majority of the network. In many networks, the formation of a giant component is unavoidable. I investigated the time taken for a giant component to develop in a social network. I varied the rate at which people made friends, and observed […]

http://www.jstor.org/view/0361915x/di010136/01p0124k/0 While reading some of the posts written over the past couple of weeks, I came across one about the relationships between the Cold War arms race and game theory. After taking a class last year on British Foreign policy, I remembered a different kind of war that the game theory we discussed in class could […]

Our discussion of search engines today really piqued my interest. I was curious about how information and social networks might be related and read about “social search” which is being pioneered by companies like Delver http://delver.com/, a “ semantic social graph search engine”. Delver is principally interested in improving search quality by better understanding user […]

In a simplified view, the public Internet can be viewed as a large interconnected network.  If Node A in the network is able to connect to Node B and vica versa there must exist a path between the two nodes.  This path undoubtedly passes through other nodes in the network (unless Nodes A and B […]

http://www.slideshare.net/faberNovel/social-network-websites-best-practices-from-leading-services?src=embed
A recent study by FaberNovel (the results of which are published in slideshow form), a management consulting firm, highlights aspects of prominent social networking websites and point out some broad principles for understanding them and concludes with case studies on online matchmaking websites and business networking websites. While we haven’t discussed all of these principles, […]

In our class, we had discussed the mechanism of the second price or the Vickrey auction and how the dominant strategy for each bidder was to bid the true value that the he has for the object. One feature about the second price auctions we talked about was that there was only one round of […]

As learned in class, eBay functions as a second-price sealed-bid auction where bidders submit bids, and the “winner” pays the second highest bidder’s value. In such an auction, the bidder’s dominant strategy is to bid his or her true value—how much the item is worth to him or her. The underlying logic is […]

The average company attains the services of a shipping company to move products with hours of telephone calls and patience. The Mars corporation does it a little different though, they instead use the Internet and game theory. Mars has devised an online auction house, Freight Traders, that brings shippers and carriers together. Tenders, or oligations […]

Hezbollah and the Prisoner’s Dilemma
Can game theory solve the Israel-Lebanon war?
By Tim Harford
http://www.slate.com/id/2146867/
This article discusses how game theory relates to the Israel-Lebanon war.  If Hezbollah were to attack Israel, Israel will respond with a far greater counter attack.  Unfortunately, Israel’s strategy has not deterred Hezbollah’s attacks.
This article addresses how economic theories such as the prisoner’s […]