Competitive economy as a ranking device over networks

DOI10.1016/J.GEB.2015.03.006MaRDI QIDQ2347764zbMATH OpenOpenAlexFDO

Authors Ye Du, Ehud Lehrer, Ady Pauzner

Publication date 8 June 2015

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2015.03.006

zbMATH Keywords

citation countcompetitive priceseconomy-based rankingexchange aconomynetworknormalized citation countPageRankrankingtaxation

Mathematics Subject Classification ID

Decision theory (91B06) Special types of economic markets (including Cournot, Bertrand) (91B54)

Review text

Ranking methods are fundamental tools in many areas. The authors propose new methods for the ranking of items in a network (``e.g. of web pages connected by links or of articles connected by citations). They describe the model of an exchange economy induced by a netwok and on such way derive the ranking scheme. They show that ``if an exchange economy is governed by Cobb-Douglas utility maximizers, then the resulting ranking coincides with PageRank and the citation count cannot be derived from an exchange economy.

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Cites work

• Algorithmic Game Theory
• Deeper Inside PageRank
• Finite solution of pure trade markets with Cobb-Douglas utilities
• scientific article; zbMATH DE number 3395595 (Why is no real title available?)
• New Concepts and Techniques for Equilibrium Analysis
• The Measurement of Intellectual Influence

Cited in

(13)

• Mutual rankings
• Power method tâtonnements for Cobb-Douglas economies
• Using PageRank for non-personalized default rankings in dynamic markets
• Tackling information asymmetry in networks: a new entropy-based ranking index
• The degree ratio ranking method for directed graphs
• On the influence of a ranking system
• Comparing series of rankings with ties by using complex networks: an analysis of the Spanish stock market (IBEX-35 index)
• The degree measure as utility function over positions in graphs and digraphs
• Collective attention and ranking methods
• scientific article; zbMATH DE number 2145487 (Why is no real title available?)
• On different ranking methods
• Equilibria and centrality in link formation games
• Competitivity groups on social network sites

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