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Metcalfe's Law is Wrong

IEEE Spectrum, : 26-31, 2006.
Authors: Benjamin Tilly Bob Briscoe
URL: http://www.spectrum.ieee.org/jul06/4109
Tags: economic network
Abstract: The authors argue that the "value" of a network is equal to n log(n), with n the number of users. This is a slower growth than n^2, as predicted by Metcalfe's Law.
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@article{metcalfe_is_wrong,
title = {Metcalfe's Law is Wrong},
author = {Benjamin Tilly Bob Briscoe},
journal = {IEEE Spectrum},
month = {July},
pages = {26-31},
url = {http://www.spectrum.ieee.org/jul06/4109},
year = {2006},
abstract = {The authors argue that the "value" of a network is equal to n log(n), with n the number of users. This is a slower growth than n^2, as predicted by Metcalfe's Law.},
keywords = {economic network }
}