High Quality Content by WIKIPEDIA articles! This is a new model or theorem of economics formulated by Rod Beckstrom. It purports to answer 'the decades old question of "how valuable is a network."' According to its creator it can be used to value any network be it social networks, electronic networks, support groups and even the Internet as a whole. To read a white paper explaining the law and mathematics in detail, please see Economics of Networks. This new model values the network by looking from the edge of the network at all of the transactions conducted and the value added to each.

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