{"title":"信誉网络的期权理论模型","authors":"K. Sawyer, André F. Gygax","doi":"10.1080/0022250X.2018.1545769","DOIUrl":null,"url":null,"abstract":"ABSTRACT This paper constructs a new theory of social networks based on reputation. The model assumes that reputation is an asset and that individuals connect by buying options on the reputation of others. In networking, individuals construct portfolios of call options to leverage the reputations of others and put options to hedge the connections with others. A network then consists of portfolios of reputation options. The option model confers advantages not present in existing models. First, the payoff to connecting is the payoff on a portfolio of reputation options. Second, the network forms as individuals take option positions; the network evolves as individuals adjust those positions. Third, networking strategies become option strategies. The model allows for insights into network structure, the price of connecting and the value of connecting.","PeriodicalId":50139,"journal":{"name":"Journal of Mathematical Sociology","volume":"43 1","pages":"123 - 146"},"PeriodicalIF":1.3000,"publicationDate":"2018-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/0022250X.2018.1545769","citationCount":"3","resultStr":"{\"title\":\"An option-theoretic model of a reputation network\",\"authors\":\"K. Sawyer, André F. Gygax\",\"doi\":\"10.1080/0022250X.2018.1545769\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"ABSTRACT This paper constructs a new theory of social networks based on reputation. The model assumes that reputation is an asset and that individuals connect by buying options on the reputation of others. In networking, individuals construct portfolios of call options to leverage the reputations of others and put options to hedge the connections with others. A network then consists of portfolios of reputation options. The option model confers advantages not present in existing models. First, the payoff to connecting is the payoff on a portfolio of reputation options. Second, the network forms as individuals take option positions; the network evolves as individuals adjust those positions. Third, networking strategies become option strategies. The model allows for insights into network structure, the price of connecting and the value of connecting.\",\"PeriodicalId\":50139,\"journal\":{\"name\":\"Journal of Mathematical Sociology\",\"volume\":\"43 1\",\"pages\":\"123 - 146\"},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2018-12-12\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1080/0022250X.2018.1545769\",\"citationCount\":\"3\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Mathematical Sociology\",\"FirstCategoryId\":\"90\",\"ListUrlMain\":\"https://doi.org/10.1080/0022250X.2018.1545769\",\"RegionNum\":4,\"RegionCategory\":\"社会学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"MATHEMATICS, INTERDISCIPLINARY APPLICATIONS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Mathematical Sociology","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1080/0022250X.2018.1545769","RegionNum":4,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MATHEMATICS, INTERDISCIPLINARY APPLICATIONS","Score":null,"Total":0}
ABSTRACT This paper constructs a new theory of social networks based on reputation. The model assumes that reputation is an asset and that individuals connect by buying options on the reputation of others. In networking, individuals construct portfolios of call options to leverage the reputations of others and put options to hedge the connections with others. A network then consists of portfolios of reputation options. The option model confers advantages not present in existing models. First, the payoff to connecting is the payoff on a portfolio of reputation options. Second, the network forms as individuals take option positions; the network evolves as individuals adjust those positions. Third, networking strategies become option strategies. The model allows for insights into network structure, the price of connecting and the value of connecting.
期刊介绍:
The goal of the Journal of Mathematical Sociology is to publish models and mathematical techniques that would likely be useful to professional sociologists. The Journal also welcomes papers of mutual interest to social scientists and other social and behavioral scientists, as well as papers by non-social scientists that may encourage fruitful connections between sociology and other disciplines. Reviews of new or developing areas of mathematics and mathematical modeling that may have significant applications in sociology will also be considered.
The Journal of Mathematical Sociology is published in association with the International Network for Social Network Analysis, the Japanese Association for Mathematical Sociology, the Mathematical Sociology Section of the American Sociological Association, and the Methodology Section of the American Sociological Association.