Networks, Noise and Web Navigation: Sustaining Metcalfe's Law through Technological Innovation
Windrum, Paul and Swann, Peter (1999). Networks, Noise and Web Navigation: Sustaining Metcalfe's Law through Technological Innovation. UNU-MERIT Research Memoranda. UNU-MERIT.
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Sub-type Working paper Author Windrum, Paul
Swann, PeterTitle Networks, Noise and Web Navigation: Sustaining Metcalfe's Law through Technological Innovation Series Title UNU-MERIT Research Memoranda Volume/Issue No. 9 Publication Date 1999 Publisher UNU-MERIT Language eng Abstract The paper examines the relationship between network externalities and the value ofthe World-Wide Web. It is shown that value depends on two offsetting effects. First,as the Web grows in size, so existing users gain from the additional content providedby new users. This is the standard concept of a network externality. However, at thesame time, a large and expanding network can suffer from congestion. Congestioncan manifest itself in the time taken to download information from the Web. But anarguably more important problem is navigating the very large number of webpages onoffer and to identify the particular page containing information that is of interest.These navigation issues have serious implications for the continued growth of theWeb, as described by Metcalfe's Law. Copyright Year 1999 Copyright type All rights reserved -
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