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Price's model Price introduced this directed network model in 1 9 7 6 , based on the concept of preferential attachment. The model starts by

Price's model
Price introduced this directed network model in 1976, based on the concept of preferential attachment.
The model starts by assuming a graph that has an average node out-degree of . During the generation of subsequent nodes, will be kept constant. Each subsequent node is generated one at a time using the following process.
A new node is inserted into the graph. This node is connected to, on average, already existing nodes (the exact mechanism for choosing the out-degree is not important as long as the average is maintained). The target node for each one of these connections is selected in proportion to the in-degree of that node. Because new nodes will have an in-degree of zero, this needs to be modified to in proportion to the in-degree plus " to ensure that new nodes can be connected to subsequent nodes. Therefore, if the in-degree of node is , then node is selected as the target for each connection with probability
This is called a preferential attachment" model, as new nodes are preferentially attached to already well connected nodes. The result is a kind of rich get richer" process, and, as the number of new nodes overwhelms the existing nodes in the graph, the node in-degree distribution starts to follow a power-law:

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