First to Market is not Everything: an Analysis of Preferential Attachment with Fitness

Christian Borgs, Jennifer Chayes, Constantinos Daskalakis, Sebastien Roch

In this paper, we provide a rigorous analysis of preferential attachment with fitness, a random graph model introduced by Bianconi and Barabasi. Depending on the shape of the fitness distribution, we observe three distinct phases: a first-mover-advantage phase, a fit-get-richer phase and an innovation-pays-off phase.

Knowledge Graph



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