136,179 research outputs found

    Analyzing an Innovative Environment: San Diego as a Bioscience Beachhead

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    This article examines dynamics underlying the growth of a flourishing bioscience cluster in San Diego, California, to illustrate the construction of an innovative environment and the matching of place characteristics with a specific economic activity. Extensive interviews explore the formation of synergistic connections promoting the political, economic, and social networks of entrepreneurial individuals at the metropolitan scale. Spatial proximity is shaped by real estate considerations within and between local clusters in a volatile industry affected strongly by shifting access to financial and human capital. Five key factors underlying regional success are found to be access to an outstanding research university, advocacy leadership, risk financing, an entrepreneurial culture, and appropriate real estate, knit by an intensive information exchange network

    Quantifying Social Network Dynamics

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    The dynamic character of most social networks requires to model evolution of networks in order to enable complex analysis of theirs dynamics. The following paper focuses on the definition of differences between network snapshots by means of Graph Differential Tuple. These differences enable to calculate the diverse distance measures as well as to investigate the speed of changes. Four separate measures are suggested in the paper with experimental study on real social network data.Comment: In proceedings of the 4th International Conference on Computational Aspects of Social Networks, CASoN 201

    Frictional Unemployment on Labor Flow Networks

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    We develop an alternative theory to the aggregate matching function in which workers search for jobs through a network of firms: the labor flow network. The lack of an edge between two companies indicates the impossibility of labor flows between them due to high frictions. In equilibrium, firms' hiring behavior correlates through the network, generating highly disaggregated local unemployment. Hence, aggregation depends on the topology of the network in non-trivial ways. This theory provides new micro-foundations for the Beveridge curve, wage dispersion, and the employer-size premium. We apply our model to employer-employee matched records and find that network topologies with Pareto-distributed connections cause disproportionately large changes on aggregate unemployment under high labor supply elasticity

    An FPTAS for Bargaining Networks with Unequal Bargaining Powers

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    Bargaining networks model social or economic situations in which agents seek to form the most lucrative partnership with another agent from among several alternatives. There has been a flurry of recent research studying Nash bargaining solutions (also called 'balanced outcomes') in bargaining networks, so that we now know when such solutions exist, and also that they can be computed efficiently, even by market agents behaving in a natural manner. In this work we study a generalization of Nash bargaining, that models the possibility of unequal 'bargaining powers'. This generalization was introduced in [KB+10], where it was shown that the corresponding 'unequal division' (UD) solutions exist if and only if Nash bargaining solutions exist, and also that a certain local dynamics converges to UD solutions when they exist. However, the bound on convergence time obtained for that dynamics was exponential in network size for the unequal division case. This bound is tight, in the sense that there exists instances on which the dynamics of [KB+10] converges only after exponential time. Other approaches, such as the one of Kleinberg and Tardos, do not generalize to the unsymmetrical case. Thus, the question of computational tractability of UD solutions has remained open. In this paper, we provide an FPTAS for the computation of UD solutions, when such solutions exist. On a graph G=(V,E) with weights (i.e. pairwise profit opportunities) uniformly bounded above by 1, our FPTAS finds an \eps-UD solution in time poly(|V|,1/\eps). We also provide a fast local algorithm for finding \eps-UD solution, providing further justification that a market can find such a solution.Comment: 18 pages; Amin Saberi (Ed.): Internet and Network Economics - 6th International Workshop, WINE 2010, Stanford, CA, USA, December 13-17, 2010. Proceedings

    Enabling controlling complex networks with local topological information

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    Complex networks characterize the nature of internal/external interactions in real-world systems including social, economic, biological, ecological, and technological networks. Two issues keep as obstacles to fulflling control of large-scale networks: structural controllability which describes the ability to guide a dynamical system from any initial state to any desired fnal state in fnite time, with a suitable choice of inputs; and optimal control, which is a typical control approach to minimize the cost for driving the network to a predefned state with a given number of control inputs. For large complex networks without global information of network topology, both problems remain essentially open. Here we combine graph theory and control theory for tackling the two problems in one go, using only local network topology information. For the structural controllability problem, a distributed local-game matching method is proposed, where every node plays a simple Bayesian game with local information and local interactions with adjacent nodes, ensuring a suboptimal solution at a linear complexity. Starring from any structural controllability solution, a minimizing longest control path method can efciently reach a good solution for the optimal control in large networks. Our results provide solutions for distributed complex network control and demonstrate a way to link the structural controllability and optimal control together.The work was partially supported by National Science Foundation of China (61603209), and Beijing Natural Science Foundation (4164086), and the Study of Brain-Inspired Computing System of Tsinghua University program (20151080467), and Ministry of Education, Singapore, under contracts RG28/14, MOE2014-T2-1-028 and MOE2016-T2-1-119. Part of this work is an outcome of the Future Resilient Systems project at the Singapore-ETH Centre (SEC), which is funded by the National Research Foundation of Singapore (NRF) under its Campus for Research Excellence and Technological Enterprise (CREATE) programme. (61603209 - National Science Foundation of China; 4164086 - Beijing Natural Science Foundation; 20151080467 - Study of Brain-Inspired Computing System of Tsinghua University program; RG28/14 - Ministry of Education, Singapore; MOE2014-T2-1-028 - Ministry of Education, Singapore; MOE2016-T2-1-119 - Ministry of Education, Singapore; National Research Foundation of Singapore (NRF) under Campus for Research Excellence and Technological Enterprise (CREATE) programme)Published versio

    Evolution of Ego-networks in Social Media with Link Recommendations

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    Ego-networks are fundamental structures in social graphs, yet the process of their evolution is still widely unexplored. In an online context, a key question is how link recommender systems may skew the growth of these networks, possibly restraining diversity. To shed light on this matter, we analyze the complete temporal evolution of 170M ego-networks extracted from Flickr and Tumblr, comparing links that are created spontaneously with those that have been algorithmically recommended. We find that the evolution of ego-networks is bursty, community-driven, and characterized by subsequent phases of explosive diameter increase, slight shrinking, and stabilization. Recommendations favor popular and well-connected nodes, limiting the diameter expansion. With a matching experiment aimed at detecting causal relationships from observational data, we find that the bias introduced by the recommendations fosters global diversity in the process of neighbor selection. Last, with two link prediction experiments, we show how insights from our analysis can be used to improve the effectiveness of social recommender systems.Comment: Proceedings of the 10th ACM International Conference on Web Search and Data Mining (WSDM 2017), Cambridge, UK. 10 pages, 16 figures, 1 tabl
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