| The
Sixth Link: The
80/20 Rule
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Vilfedo Pareto, the turn of the century economist who was convinced that 'there
are laws in economics,' and whose discovery is at the basis of the 80/20
rule.
For Pareto's biorgarphy see http://cepa.newschool.edu/het/profiles/pareto.htm
(from http://cepa.newschool.edu/het/profiles/pareto.htm)
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Gustav von Schmoller
who was not convinced that there are
laws in economy. For a brief biography, see http://staff-www.uni-marburg.de/~multimed/theorie/
economics/download/schmoller/Schmoller/pdf
(from http://cepa.newschool.edu/het/profiles/schmoller.htm)
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The log-log plot showing that webpages on the world wide web have a power law
degree distribution from the 1999 Nature paper of Albert, Jeong and Barabasi. |
Sid Redner from Boston University, who showed that the distribution of
scientific citations follow a power law, indicating that the network of scientific papers, connected by
citations, have a power law degree distribution.
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The Poisson degree distribution
of a random network means that the network is similar
to a highway system. In contrast, networks with a power
law degree distribution (scale-free) are more similar
to the airline routing map: they are held together by
a few highly connected hubs.
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Phase transitions are responsible for the transition of water, a state dominated
by randomly wondering molecules (bottom right) into ice, an example of cold and
perfect order (top left).
(from http://www.crs4.it/~enzo/mbp_wat.html)
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The Pioneers of the scaling picture
in critical phenomena: Leo Kadanoff, as he receives
the 1999 National Medal of Science from President Clinton
(from http://www.asee.org/nstmf/html/photos2.htm)
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Ben Widom from Cornell University, who has
independently uncovered the scaling picture.
(from http://www.chem.cornell.edu/department/Faculty/Widom/widom.html)
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Kenneth G. Wilson, who on 1982
was awarded the Nobel Prize for his renormalization
group theory for phase transitions. See Wilson's
autobiography written for the occasion of receiving
the Nobel prize at http://www.nobel.se/physics/laureates/1982/wilson-autobio.html
(from http://www.physics.ohio-state.edu/~kgw/kgw.html)
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