To Each According to its Degree: The Meritocracy and Topocracy of Embedded Markets
A system is said to be meritocratic if the compensation and power available to individuals is determined by their abilities and merits. A system is topocratic if the compensation and power available to an individual is determined primarily by her position in a network. Here we introduce a model that...
Main Authors: | Borondo, J., Borondo, F., Rodriguez-Sickert, C., Hidalgo Ramaciotti, Cesar A. |
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Other Authors: | Massachusetts Institute of Technology. Media Laboratory |
Format: | Article |
Language: | en_US |
Published: |
Nature Publishing Group
2014
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Online Access: | http://hdl.handle.net/1721.1/88213 https://orcid.org/0000-0002-6031-5982 |
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