4. Suppose a network exchange theory experiment is run on the graph depicted in Fig- ure 12.13 using the one-exchange rule with $10 placed on each edge.

(a) Say which node or nodes you would expect to make the most money (i.e. receive the most favorable exchanges), and give a brief (1-3 sentence) explanation for your answer. You do not need to give actual numbers for the amounts of money the nodes would receive.

(b) Now the experimenters vary the conditions slightly: instead of placing $10 on the b-c edge, they place only $2. Otherwise, the experiment is run exactly as before. Explain what you think will happen to the relative power of each of the participants, compared to the situation in (a), and give a brief (1-3 sentence) explanation for your answer. Again, you do not need to give actual numbers for the amounts of money the nodes would receive.

a b d Figure 12.13