16 avril 2018

Power Laws, Weblogs, and Inequality

Power Laws, Weblogs, and Inequality This article is a must-read for anyone seeking to understand the economics of online content. The thesis of the article is this: "In systems where many people are free to choose between many options, a small subset of the whole will get a disproportionate amount of traffic (or attention, or income), even if no members of the system actively work towards such an outcome." What results is what is called a "power law distribution," an ordering of popularity such that a small percentage of the sites attract a large percentage of the readers. More...

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