English

Complex Networks and Symmetry II: Reciprocity and Evolution of World Trade

General Finance 2010-11-04 v1 Social and Information Networks Adaptation and Self-Organizing Systems Physics and Society

Abstract

We exploit the symmetry concepts developed in the companion review of this article to introduce a stochastic version of link reversal symmetry, which leads to an improved understanding of the reciprocity of directed networks. We apply our formalism to the international trade network and show that a strong embedding in economic space determines particular symmetries of the network, while the observed evolution of reciprocity is consistent with a symmetry breaking taking place in production space. Our results show that networks can be strongly affected by symmetry-breaking phenomena occurring in embedding spaces, and that stochastic network symmetries can successfully suggest, or rule out, possible underlying mechanisms.

Keywords

Cite

@article{arxiv.1009.4489,
  title  = {Complex Networks and Symmetry II: Reciprocity and Evolution of World Trade},
  author = {Franco Ruzzenenti and Diego Garlaschelli and Riccardo Basosi},
  journal= {arXiv preprint arXiv:1009.4489},
  year   = {2010}
}

Comments

Final accepted version