Competitive economy as a ranking device over networks

B-Tier
Journal: Games and Economic Behavior
Year: 2015
Volume: 91
Issue: C
Pages: 1-13

Authors (3)

Du, Ye (not in RePEc) Lehrer, Ehud (not in RePEc) Pauzner, Ady (Tel Aviv University)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We propose a novel approach to generating a ranking of items in a network (e.g., of web pages connected by links or of articles connected by citations). We transform the network into an exchange economy, and use the resulting competitive equilibrium prices of the network nodes as their ranking. The widely used Google's PageRank comes as a special case when the nodes are represented by Cobb–Douglas utility maximizers. We further use the economic metaphor to combine between the Citation Count and PageRank by imposing a redistributive taxing scheme.

Technical Details

RePEc Handle
repec:eee:gamebe:v:91:y:2015:i:c:p:1-13
Journal Field
Theory
Author Count
3
Added to Database
2026-01-28