Metcalfe’s Law Examined
A paper (PDF) by Andrew Odlyzko and Benjamin Tilley takes a close look at a theory that was popular during the dot.bomb era. Metcalfe’s Law that the utility of a network is proportional to the square of the network size appears to be a bit on the generous side and the paper tries to derive a more accurate rule.
Written by John McCormac on March 15th, 2005 with
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