I'm not even going to pretend like I completely understand the equations involved when describing these laws. It is reminiscent to "A Beautiful Mind" if you ask me, but there is some really important basic fundamental principles that were required for us to understand why the reputation system is theorized to sustain itself.
The idea is extrapolated from these three theories.
a. Reeds Law
http://en.wikipedia.org/wiki/Reed's_law
b. Metcalfe’s Law
http://www.contextmag.com/archives/199903/digitalstrategyreedslaw.asp
c. Group Forming Networks Theory
http://communities-dominate.blogs.com/brands/2006/02/the_economics_o.html
Sunday, April 13, 2008
Chapter 5: Fuzzy Math & A Quick Dive into Theory
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