Suppose a network-exchange theory experiment is run on the graph depicted in Figure 12.12 using…
Suppose a network-exchange theory experiment is run on the graph depicted in Figure 12.12 using the one-exchange rule with $10 placed on each edge.
(a) Which node or nodes you would expect to make the most money (i.e., receive the most favorable exchanges)? Provide a brief (one- to threesentence) explanation for your answer. You do not have to give actual numbers for the amounts of money the nodes would receive.
(b) Now the experimenters vary the network: they introduce a sixth node, f, which is attached by a single edge to just the node c. A new person is brought in to play the role of f, and a new round of experiments is performed with this new six-node network.
Explain what you think will happen to the relative power of the participants, compared to the situation in part (a), and give a brief (one- to three-sentence) explanation for your answer. Again, you do not have to give actual numbers for the amounts of money the nodes would receive.