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Blogs and The Economics of Reciprocal (In) Attention
Blogs and The Economics of Reciprocal (In) Attention
n21 n31
n12 n13
n23
2 3 e3
e2 n32
ei effort by agents i.
Agent i devotes attention nij to the content produced by j
and nik to the content produced by k.
A model of content production (2)
We suppose there is
Free entry and exit in the blogging market
Perfect information on the activity of each bloggers.
‘Attention budget’ T, the same for all agents.
Attention shared equally between all friends.
Number of friends’ readers independent of one’s number of
friends
Hypothesis
2767 users.
Main characteristics (median):
Three years’ activity (and counting!).
One post every two days. Each receive 1.5 comments.
Balance between friends / readers (26 / 25).
Balance between comments received / made.
Membership in 14 communities.
Friends vs. friends of
Reciprocity equation
ln(friends ofi)=a+b*ln(friends)+ui