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Network Effects — Metcalfe's Law

Pubblico: UniversityCategoria: Economics

Descrizione

Demonstrates network effects by visually building a graph of nodes and edges as users are added one by one. Shows that connections grow quadratically as n(n-1)/2, contrasting linear cost of new users with the quadratic growth in network value (Metcalfe's Law: V ∝ n²). Includes real-world examples like telephone networks and social media.

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