ABSTRACT
We show how preferential attachment can emerge in an optimization framework, resolving a long-standing theoretical controversy. We also show that the preferential attachment model so obtained has two novel features, saturation and viability, which have natural interpretations in the underlying network and lead to a power-law degree distribution with exponential cutoff. Moreover, we consider a generalized version of this preferential attachment model with independent saturation and viability, leading to a broader class of power laws again with exponential cutoff. We present a collection of empirical observations from social, biological, physical, and technological networks, for which such degree distributions give excellent fits. We suggest that, in general, optimization models that give rise to preferential attachment with saturation and viability effects form a good starting point for the analysis of many networks.