Reed’s Law or Group Forming Network Theory as Dr David P Reed* originally and rather modestly called it, is the mathematical explanation for the power of the network. It’s breathtakingly simple, easy to understand and enormously enlightening. I hope to explain it a little and add some more recent understandings of the collaborative power of networks which I hope will make sense of and give context to the exponential.
Cushman Blog Talk 2008
Reed’s Law and the demand curve David Cushman EMAP
What is Reed’s Law? <ul><li>… where n is the number of participants . </li></ul>The number of possible sub-groups of network participants is 2 n - n -1
Sarnoff’s Law <ul><li>The value of the network grows in proportion to the number of viewers. </li></ul>
Metcalfe’s Law <ul><li>Network grows in proportion to the number of nodes on the network (n squared). </li></ul>