Social network theory, broadband and the future of the World Wide Web

  • Authors:
  • Daniel Sgroi

  • Affiliations:
  • Department of Economics, University of Warwick, Gibbet Hill Road, Coventry CV4 7AL, UK

  • Venue:
  • Telecommunications Policy
  • Year:
  • 2008

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Abstract

This paper aims to predict some possible futures for the World Wide Web based on several key network parameters: size, complexity, cost and increasing connection speed through the uptake of broadband technology. This is done through the production of a taxonomy specifically evaluating the stability properties of the fully connected star and complete networks, based on the Jackson and Wolinsky [(1996). A strategic model of social and economic networks. Journal of Economic Theory, 71, 44-74] connections model, modified to incorporate complexity concerns. The taxonomy demonstrates that when connection speeds are low neither the star nor complete networks are stable, and when connection speeds are high the star network is usually stable, while the complete network is never stable. For intermediate speed levels much depends upon the other parameters. Under plausible assumptions about the future, the taxonomy suggests that the Web may be increasingly dominated by a single intermediate site, perhaps best described as a search engine.