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A New Approach to Measure Social Capital using Game-Theoretic Techniques TOMASZ P. MICHALAK University of Oxford, UK, and University of Warsaw, Poland TALAL RAHWAN Masdar Institute of Science and Technology, UAE STEFANO MORETTI CNRS and Paris-Dauphine University, France RAMASURI NARAYANAM IBM Research, India OSKAR SKIBSKI Kyushu University, Japan ´ PIOTR SZCZEPANSKI Warsaw University of Technology and Hewlett-Packard GD Poland, Poland MICHAEL WOOLDRIDGE University of Oxford, UK Although the notion of social capital has been extensively studied in various bodies of the literature, there is no universally accepted definition or measure of this concept. In this article, we discuss a new approach for measuring social capital which builds upon cooperative game theory. The new approach not only turns out to be a natural tool for modeling social capital, but also captures various aspects of this phenomenon that are not captured by other approaches. Categories and Subject Descriptors: J.4 [Social and Behavioral Sciences]: Economics General Terms: Social capital, Social computing, Cooperative game theory Additional Key Words and Phrases: Social capital, Shapley value, network centrality 1. INTRODUCTION Social capital is one of the fundamental concepts in sociology [Coleman 1990]. Intuitively, we can think of social capital as the ability of individuals
ACM SIGecom Exchanges – Association for Computing Machinery
Published: Nov 12, 2015
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