Today a report was released of the think tanks Common Wealth and the Institute for Public Policy Research (IPPR) about the causes of inflation. This report confirms that in our contemporary economy, inflation is significantly driven by greed and profiteering by transnational corporations. The report is summarised here. Traditionally, in economics, inflation has theoretically three…
Category: Networks
Surveying the literature on network formation under mutual consent
I just posted a survey on game-theoretic methods of understanding network formation under the hypothesis of mutual consent in link formation. The introduction of consent in link formation imposes a coordination problem in the network formation process. This survey explores the conclusions from this theory and the various methodologies to avoid the main pitfalls.The main…
Two volume book on the social division of labour is now published
Both volumes are now published with Palgrave-Macmillan.
Why Apple is the world’s most successful company – the power of networks
I have recently published an article on The Conversation web site on the success of Apple from a network perspective.
New paper posted
I have posted a new paper, co-authored by Owen Sims, on critical nodes in directed networks. It addresses the appropriate definition of what exactly critical nodes or middlemen are in the general class of directed networks. We also discuss the link with contestability in networks. Visit the network analysis page for more information and PDF…
Thinking about networks and platforms
I just posted a new paper with Dimitrios Diamantaras on how middlemen compete in a network environment. We view a middleman here as an explicit provider of a two-sided interaction platform. FRom that a theory of competitive behaviour is developed as ambiguous decision making in a game theoretic framework. Here the middleman is ambiguous whether…