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Elites in social networks: An axiomatic approach to power balance and Price's square root law.


ABSTRACT: A common two-tier structure for social networks is based on partitioning society into two parts, referred to as the elite and the periphery, where the "elite" is the relatively small but well-connected and highly influential group of powerful individuals around which the society is centered, and the "periphery" consists of the rest of society. It is observed that the relative sizes of economic and social elites in various societies appear to be continually declining. One possible explanation is that this is a natural social phenomenon, resembling Price's "square root" law for the fraction of good scientists in the scientific community. We try to assess the validity of this explanation by studying the elite-periphery structure via introducing a novel axiom-based model for representing and m

SUBMITTER: Avin C 

PROVIDER: S-EPMC6200247 | biostudies-literature | 2018

REPOSITORIES: biostudies-literature