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Memorias de investigación
Ponencias en congresos:
To Each According to its Degree: The Meritocracy and Topocracy of Embedded Markets
Año:2014
Áreas de investigación
  • Física química y matemáticas
Datos
Descripción
A system is said to be meritocratic if the compensation and power available to individuals is determined by their abilities and merits. A system is topocratic if the compensation and power available to an individual is determined primarily by her position in a network. In this work we introduce a model that is perfectly meritocratic for fully connected networks but that becomes topocratic for sparse networks-like the ones in society. In the model, individuals produce and sell content, but also distribute the content produced by others when they belong to the shortest path connecting a buyer and a seller. The production and distribution of content defines two channels of compensation: a meritocratic channel, where individuals are compensated for the content they produce, and a topocratic channel, where individual compensation is based on the number of shortest paths that go through them in the network.We solve the model analytically and show that the distribution of payoffs is meritocratic only if the average degree of the nodes is larger than a root of the total number of nodes. We conclude that, in the light of this model, the sparsity and structure of networks represents a fundamental constraint to the meritocracy of societies.
Internacional
No
Nombre congreso
NoLineal 2014 [http://eii.unex.es/nolineal2014]
Tipo de participación
960
Lugar del congreso
Badajoz
Revisores
Si
ISBN o ISSN
0000-0000
DOI
Fecha inicio congreso
04/06/2014
Fecha fin congreso
06/06/2014
Desde la página
27
Hasta la página
27
Título de las actas
NoLineal 2014. Libro de resúmenes [http://eii.unex.es/nolineal2014/informacion/resumenes/nolineal-2014.pdf]
Esta actividad pertenece a memorias de investigación
Participantes
  • Autor: Francisco Javier Borondo Benito (UPM)
  • Autor: F. Borondo (Universidad Autónoma de Madrid)
  • Autor: C. Rodriguez-Sickert (Universidad del Desarrollo, Chile)
  • Autor: C. A. Hidalgo (Massachusetts Institute of Technology, USA)
Grupos de investigación, Departamentos, Centros e Institutos de I+D+i relacionados
  • Creador: Grupo de Investigación: Grupo de Sistemas Complejos
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