Reed’S Law And Demand Curve For Blog Talk08

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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.

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Reed’S Law And Demand Curve For Blog Talk08 - Presentation Transcript

Reed’s Law and the demand curve David Cushman Bauer Consumer Media
What is Reed’s Law?
- … where n is the number of participants .
The number of possible sub-groups of network participants is 2 n - n -1
Sarnoff’s Law
- The value of the network grows in proportion to the number of viewers.
Metcalfe’s Law
- Network grows in proportion to the number of nodes on the network (n squared).
Reed’s Law
- “ I am made greater by the sum of my connections – so are my connections ”
- Stowe Boyd
Network with purpose
Blacksmith -
I am part of a community , therefore I am
Father/son/Holy Smoke!
The edglings want more! The edglings want more
An adjustment?
- 2 n(x) - n -1
2 n(x) -n-1
Because we’re more than ‘N’ We are more than just ‘n’
So what about the demand curve?
The long tail…
The Long Tail gets a little longer
Join the conversation…
- FasterFuture.blogspot.com