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Bonacich Network Measures as Minimum Norm Solutions

Author

Listed:
  • Salonen Hannu

    (Department of Economics, University of Turku)

Abstract

An undirected connected bimodal network has two Bonacich measures quantifying the centrality of the nodes. We show that the product of Bonacich measures of an undirected bimodal network may be viewed as a product measure that is nearest (w.r.t. Euclidean norm) to the matrix representing the network. A directed bimodal network has four Bonacich measures, two inflow and two outflow measures. Given directed strongly connected bimodal network and its Bonacich inflow (or outflow) measures, there is undirected bimodal network with the same Bonacich measures. So Bonacich measures of directed bimodal network can also be viewed as minimum norm solutions.

Suggested Citation

  • Salonen Hannu, 2016. "Bonacich Network Measures as Minimum Norm Solutions," Discussion Papers 106, Aboa Centre for Economics.
  • Handle: RePEc:tkk:dpaper:dp106
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    File URL: http://ace-economics.fi/kuvat/dp106.pdf
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    References listed on IDEAS

    as
    1. Hannu Salonen, 2015. "Bonacich Measures as Equilibria in Network Models," Discussion Papers 100, Aboa Centre for Economics.
    2. Jackson, Matthew O. & Zenou, Yves, 2015. "Games on Networks," Handbook of Game Theory with Economic Applications,, Elsevier.
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    Cited by:

    1. Demange, Gabrielle, 2017. "Mutual rankings," Mathematical Social Sciences, Elsevier, vol. 90(C), pages 35-42.

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    More about this item

    Keywords

    networks; influence measures; impact factors;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D85 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Network Formation

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