In the paper, I simulate the social network games of a portfolio selection where agents consider VaR when managing their portfolios. Such agents behave quite differently from the agents considering only the expected returns of the alternatives that are available to them in time. The level of...

Recent work has demonstrated that many social networks, and indeed many networks of other types also, have broad distributions of vertex degree. Here we show that this has a substantial impact on the shape of ego-centered networks, i.e., sets of network vertices that are within a given distance...

The study of social networks, and in particular the spread of disease on networks, has attracted considerable recent attention in the physical and mathematical literature. In this paper, we show that a large class of standard epidemiological models, the so-called susceptible/infective/recovered...

The small-world network model is a simple model of the structure of social networks, which simultaneously possesses characteristics of both regular lattices and random graphs. The model consists of a one-dimensional lattice with a low density of shortcuts added between randomly selected pairs of...

A number of recent studies have focused on the statistical properties of networked systems such as social networks and the World-Wide Web. Researchers have concentrated particularly on a few properties which seem to be common to many networks: the small-world property, power-law degree...

A network is robust to the extent that it is not vulnerable to disconnection by removal of nodes. The minimum number of nodes that need be removed to disconnect a pair of other nodes is called the connectivity of the pair. It can be proved that the connectivity is also equal to the number of...

We propose some simple models of the growth of social networks, based on three general principles: (1) meetings take place between pairs of individuals at a rate which is high if a pair has one or more mutual friends and low otherwise; (2) acquaintances between pairs of individuals who rarely...

We develop a model in which non-white individuals are defined with respect to their social environment (family, friends, neighbours) and their attachments to their culture of origin (religion, language), and in which jobs are mainly found through social networks. We find that, depending on how...

This Paper provides a simple matching model in which unemployed workers and employers can be matched together through social networks and through more efficient, but also more costly, methods. In this framework, decentralized decisions to utilize social networks in the job search process can be...

Purpose – The purpose of this paper is to report an investigation into the social and citation networks of three information scientists: David Nicholas, Peter Williams and Paul Huntington. Design/methodology/approach – Similarities between citation patterns and social closeness were...