Your assignment is to prepare and submit a paper on the wealth of networks: how social production transforms markets and freedom.

Your assignment is to prepare and submit a paper on the wealth of networks: how social production transforms markets and freedom. To date, modern researchers in various fields have come with new definitions on networks, but they have relied on research work that has existed for the last two centuries. Albert-Laszlo Barabasi is one such modern researcher who has redefined the concept of networks based on research work done for the past 250 years. According to Barabasi, networks are made up of few nodes connected to multiple sites, terming them scale-free networks. This new development has changed the way people knew about the complexity of many networks that exist today. Theories that have previously been in existence did not explain that various and complex systems contain strict designs ruled by fundamental laws (Barabási 2003, p.77).Before the discovery of scale-free networks, scientists believed that all complex networks are entirely random. This could be easily demonstrated by connecting nodes to randomly placed links. This description of networks indicates that every node in the network will be connected to the same number of links (Caldarelli 2007, p. 44). This network connection follows a Poisson distribution, which is characterized by a bell-shaped graph. Random network connections have been the basis for networking for a long time. this happened until Barabasi and colleagues came up with the software that could prove whether random network connections exist. The use of the software in this study enabled the researchers to discover that a few but highly connected pages hold the World Wide Web together (Barabási 2003, p.65).This research further revealed that scale-free networks follow the so-called power-law distribution rather than the bell-shaped distribution that is characteristic of random networks. Therefore, in the scale-free networks, the majority of nodes have a limited number of connections, and others have a high number of links. This is what makes the network to be free of “scale”. The key characteristic of the scale-free network is that distribution of links when plotted on a double-logarithmic scale will yield to a straight line (Sergeĭ & Dorogovt︠s︡ev 2003, p.47). The study points out that many of the networks that occur naturally tend to be self-organized into a form of hub-based network.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more