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Christos Nicolaides

Publications and source records attributed to Christos Nicolaides.

6 recordsLinked to original sources

Measuring Social Media Network Effects

Network effects -- the utility gains from additional consumers of a good -- are widely regarded as critical to the digital economy. Yet recent theory and evidence suggest that local network effects -- the economic value created by specific social network connections -- drive value in networked online platforms. Using incentive-compatible online choice experiments with 19,923 Facebook, Instagram, LinkedIn, and X users in the United States, we provide the first large-scale empirical measurement of local network effects in the digital economy and measure heterogeneity in connection value across platforms. Platform value ranges from \$78 to \$101 per consumer per month, with 8.1-23.7% explained by local network effects. We find that 1) stronger ties are more valuable on Facebook and Instagram, while weaker ties are more valuable on LinkedIn and X; 2) work connections are most valuable on LinkedIn and least on Facebook, and job-seekers value LinkedIn significantly more and Facebook significantly less; 3) men value connections to women significantly more than to other men, particularly on Instagram, Facebook, and X, while women value connections to men and women equally across platforms; 4) consumers value connections on any platform more if they are also connected on other platforms, suggesting that platforms are complements, not substitutes; 5) white consumers disproportionately value same-race connections on Facebook while, on Instagram, connections to alters eighteen or younger are valued significantly more than any other age group -- two patterns not seen on other platforms. Each platform generates between \$53B and \$215B in annual US consumer surplus. These results suggest that social media generates significant value, that local network effects drive a substantial fraction of it, and that the sources and contours of these effects vary across platforms, consumers, and connections.

econ.GN

Prompt Adaptation as a Dynamic Complement in Generative AI Systems

As generative AI systems rapidly improve, a key question emerges: how do users adapt to these changes, and when does such adaptation matter for realizing performance gains? Drawing on theories of dynamic capabilities and IT complements, we study prompt adaptation--how users adjust their inputs in response to evolving model behavior--using a common experimental design applied to two preregistered tasks with 3,750 total participants who submitted nearly 37,000 prompts. We show that the importance of prompt adaptation depends critically on task structure. In a task with fixed evaluation criteria and an unambiguous goal, user prompt adaptation accounts for roughly half of the performance gains from a model upgrade. In contrast, in an open-ended creative task where the space of acceptable outputs is effectively unbounded and quality is subjective, performance improvements are driven primarily by model capability; prompt adaptation plays a limited role. We further show that automated prompt rewriting cannot generally substitute for human adaptation: when aligned with task objectives, it can modestly improve performance, but when misaligned, it can actively undermine the gains from model improvements. Together, these findings position prompt adaptation as a dynamic complement whose importance depends on task structure and system design, and suggest that without it, a substantial share of the economic value created by advances in generative models may go unrealized.

cs.HC

Modeling of Covid-19 Pandemic in Cyprus

The Republic of Cyprus is a small island in the southeast of Europe and member of the European Union. The first wave of COVID-19 in Cyprus started in early March, 2020 (imported cases) and peaked in late March-early April. The health authorities responded rapidly and rigorously to the COVID-19 pandemic by scaling-up testing, increasing efforts to trace and isolate contacts of cases, and implementing measures such as closures of educational institutions, and travel and movement restrictions. The pandemic was also a unique opportunity that brought together experts from various disciplines including epidemiologists, clinicians, mathematicians, and statisticians. The aim of this paper is to present the efforts of this new, multidisciplinary research team in modelling the COVID-19 pandemic in the Republic of Cyprus.

stat.AP

Uncovering the fragility of large-scale engineering project networks

Engineering projects are notoriously hard to complete on-time, with project delays often theorised to propagate across interdependent activities. Here, we use a novel dataset consisting of activity networks from 14 diverse, large-scale engineering projects to uncover network properties that impact timely project completion. We provide the first empirical evidence of the infectious nature of activity deviations, where perturbations in the delivery of a single activity can impact up to 4 activities downstream, leading to large perturbation cascades. We further show that perturbation clustering significantly affects project overall delays. Finally, we find that poorly performing projects have their highest perturbations in high reach nodes, which can lead to largest cascades, while well performing projects have perturbations in low reach nodes, resulting in localised cascades. Altogether, these findings pave the way for a network-science framework that can materially enhance the delivery of large-scale engineering projects.

cs.SI

Morphological organization of point-to-point transport in complex networks

We investigate the structural organization of the point-to-point electric, diffusive or hydraulic transport in complex scale-free networks. The random choice of two nodes, a source and a drain, to which a potential difference is applied, selects two tree-like structures, one emerging from the source and the other converging to the drain. These trees merge into a large cluster of the remaining nodes that is found to be quasi-equipotential and thus presents almost no resistance to transport. Such a global "tree-cluster-tree" structure is universal and leads to a power law decay of the currents distribution. Its exponent, $-2$, is determined by the multiplicative decrease of currents at successive branching points of a tree and is found to be independent of the network connectivity degree and resistance distribution.

physics.soc-ph

Self-organization of network dynamics into local quantized states

Self-organization and pattern formation in network-organized systems emerges from the collective activation and interaction of many interconnected units. A striking feature of these non-equilibrium structures is that they are often localized and robust: only a small subset of the nodes, or cell assembly, is activated. Understanding the role of cell assemblies as basic functional units in neural networks and socio-technical systems emerges as a fundamental challenge in network theory. A key open question is how these elementary building blocks emerge, and how they operate, linking structure and function in complex networks. Here we show that a network analogue of the Swift-Hohenberg continuum model---a minimal-ingredients model of nodal activation and interaction within a complex network---is able to produce a complex suite of localized patterns. Hence, the spontaneous formation of robust operational cell assemblies in complex networks can be explained as the result of self-organization, even in the absence of synaptic reinforcements. Our results show that these self-organized, local structures can provide robust functional units to understand natural and socio-technical network-organized processes.

physics.soc-ph