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10 Oct 09

Twenty-two power laws of the emerging social economy | Enterprise Web 2.0 | ZDNet.com

Power laws describing how networks and social networking work, some supported by research, some simply observations of human behavior

blogs.zdnet.com/Hinchcliffe - Preview

networks socialnetworking economics

Amara’s Law (backstory) states that “we tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.”
11. Metcalfe’s Law

This was the original conception of network effects, whereby the potential value of a network grows exponentially according to its size.
4 more annotations...
- The fundamental definition of a network effect is “when a product or service has more value the more that other people have it too.”
- In fact, the Principle of Least Effort notes that they will tend to use the most convenient method, in the least exacting way available, with interaction stopping as soon as minimally acceptable results are achieved. As a result, well-known social scientist Clay Shirky notes that the most “brutally simple” social model often is the most successful one (using Twitter as an example.)
- Reed’s Law
  
  Researcher David Reed discovered that the network effect of social systems is much higher than would otherwise be expected, helping to explain the sudden rise of social systems in the latter half of this decade. While adding a social architecture to a piece of software for no specific reason isn’t helpful either, it turns out that in general, software (and indeed, any networked system) is better the more social it is.
- Reflexivity asserts that social actions can and do in fact influence the fundamental behavior of a social system and that these newly-influenced set of fundamentals can then proceed to change expectations, thus influencing new behavior. The process continues in a self-reinforcing pattern.

24 Jun 09

The Effect of Recessions on Employer/Employee Relations

I've felt for a while that job security was a myth; this backs up that general feeling and shows how the workplace and employment has changed since the 80s.

www.brandon-hall.com/workplacelearningtoday - Preview

career economics

10 Apr 09

Only for MY Kid

1998 article by Alfie Kohn on barriers to progressive changes in education, with some proposals for better approaches for working with parents to help them see the benefits

www.alfiekohn.org/...ofmk.htm - Preview

education k-12 highered diversity economics

McClaren, who looks back on what happened from his new
post several states away, says he made "two fatal assumptions" when he
started: "I thought if it was good for kids, everyone would embrace it,
and I thought all adults wanted all kids to be successful. That's not
true. The people who receive status from their kids' performing well in
school didn't like that other kids' performance might be raised to the
level of their own kids'."

26 Feb 08

Free! Why $0.00 Is the Future of Business

Examines the change in the economy to free products and services as the costs approach zero. Several models are shown, such as the "freemium" model that Flickr uses with a free service plus a premium paid service.

www.wired.com/...ff_free - Preview

business economics free