Experiments with an economic model of the worldwide web

Authors:
Georgios Kouroupas;Elias Koutsoupias;Christos H. Papadimitriou;Martha Sideri
Affiliations:
Athens University of Economics and Business, Athens, Greece;Dept of Informatics and Telecommunications, University of Athens, Athens, Greece;University of California, Berkeley, Berkeley, CA;Athens University of Economics and Business, Athens, Greece
Venue:
WINE'05 Proceedings of the First international conference on Internet and Network Economics
Year:
2005

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Abstract

We present a simple model in which the worldwide web (www) is created by the interaction of selfish agents, namely document authors, users, and search engines. We show experimentally that power law statistics emerge very naturally in this context, and that the efficiency of the system has certain monotonicity properties.