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Interesting article, but normally "network effect" is associated with the concept that the value of membership in a network increases as a power of the size of
by Merrill 7y ago
Interesting article, but normally "network effect" is associated with the concept that the value of membership in a network increases as a power of the size of the network. Rather than size, it seems that the type and quality of the various networks that an individual is embedded in is the controlling factor regarding the advantages and disadvantages that shape the individual's life in a progression from family to education, employment, and community. In the end, it is more about "path dependency" than "network effects".
- AstralStorm 7y agoAlbeit if you have a broad network you're more likely to have high quality connections. At a huge cost to maintain it though and reasonably manageable networks of relationships are never that big.