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Throughout economic history, the global economy has experienced recurring crises. The persistent recurrence of such economic crises calls for an understanding of their generic features rather than treating them as singular events. The…

Statistical Finance · Quantitative Finance 2011-04-14 Kyu-Min Lee , Jae-Suk Yang , Gunn Kim , Jaesung Lee , Kwang-Il Goh , In-mook Kim

Using the United Nations Commodity Trade Statistics Database [http://comtrade.un.org/db/] we construct the Google matrix of the world trade network and analyze its properties for various trade commodities for all countries and all available…

General Finance · Quantitative Finance 2012-02-14 Leonardo Ermann , Dima L. Shepelyansky

The international trade network is a complex system where multiple trade blocs with varying sizes coexist and overlap with each other. However, the resulting structures of community detection in trade networks are often inconsistent and…

Physics and Society · Physics 2022-04-28 Wonguk Cho , Daekyung Lee , Beom Jun Kim

Predicting the future evolution of complex systems is one of the main challenges in complexity science. Based on a current snapshot of a network, link prediction algorithms aim to predict its future evolution. We apply here link prediction…

Physics and Society · Physics 2015-11-18 Alexandre Vidmer , An Zeng , Matúš Medo , Yi-Cheng Zhang

We study a mathematical model of social diffusion on a symmetric weighted network where individual nodes' states gradually assimilate to local social norms made by their neighbors' average states. Unlike physical diffusion, this process is…

Social and Information Networks · Computer Science 2017-05-29 Hiroki Sayama , Roberta Sinatra

We study the statistics of growing networks in which each link carries a weight (k_i k_j)^theta, where k_i and k_j are the node degrees at the endpoints of link ij. Network growth is governed by preferential attachment in which a…

Statistical Mechanics · Physics 2009-11-10 E. Almaas , P. L. Krapivsky , S. Redner

Networks of disparate phenomena-- be it the global ecology, human social institutions, within the human brain, or in micro-scale protein interactions-- exhibit broadly consistent architectural features. To explain this, we propose a new…

Physics and Society · Physics 2021-01-26 Keith M. Smith

Achieving international food security requires improved understanding of how international trade networks connect countries around the world through the import-export flows of food commodities. The properties of food trade networks are…

General Finance · Quantitative Finance 2017-11-20 Sofia Torreggiani , Giuseppe Mangioni , Michael J. Puma , Giorgio Fagiolo

The small-world phenomenon has been already the subject of a huge variety of papers, showing its appeareance in a variety of systems. However, some big holes still remain to be filled, as the commonly adopted mathematical formulation…

Statistical Mechanics · Physics 2009-11-07 Vito Latora , Massimo Marchiori

We propose a synthetical weights' dynamic mechanism for weighted networks which takes into account the influences of strengths of nodes, weights of links and incoming new vertices. Strength/Weight preferential strategies are used in these…

Physics and Society · Physics 2007-09-10 Lujun Fang , Zhongzhi Zhang , Shuigeng Zhou , Jihong Guan

Weight thresholding is a simple technique that aims at reducing the number of edges in weighted networks that are otherwise too dense for the application of standard graph theoretical methods. We show that the group structure of real…

Physics and Society · Physics 2018-10-17 Xiaoran Yan , Lucas G. S. Jeub , Alessandro Flammini , Filippo Radicchi , Santo Fortunato

Food webs can be regarded as energy transporting networks in which the weight of each edge denotes the energy flux between two species. By investigating 21 empirical weighted food webs as energy flow networks, we found several ubiquitous…

Biological Physics · Physics 2015-03-13 Jiang Zhang , Liangpeng Guo

We propose a model for the growth of weighted networks that couples the establishment of new edges and vertices and the weights' dynamical evolution. The model is based on a simple weight-driven dynamics and generates networks exhibiting…

Disordered Systems and Neural Networks · Physics 2009-11-10 Alain Barrat , Marc Barthelemy , Alessandro Vespignani

In the paper we analyse dependence structures among international trade flows of major conventional weapons from 1952 to 2016. We employ a Network Disturbance Model commonly used in inferential network analysis and spatial econometrics. The…

Applications · Statistics 2018-03-12 Michael Lebacher , Göran Kauermann

Dynamic network analysis has found an increasing interest in the literature because of the importance of different kinds of dynamic social networks, biological networks, and economic networks. Most available probability and statistical…

Methodology · Statistics 2017-10-18 Elynn Yi Chen , Rong Chen

Metcalfe's Law captures the relationship between the value of a network and its scale, asserting that a network's value is directly proportional to the square of its size. Over the past four decades, various researchers have proposed…

Networking and Internet Architecture · Computer Science 2024-07-12 Cheng Wang , Yi Wang , Changjun Jiang

Using numerical simulations and scaling theory we study the dynamics of the world-wide Web from the growth rules recently proposed in Ref. [1] with appropriate parameters. We demonstrate that the emergence of power-law behavior of the out-…

Statistical Mechanics · Physics 2009-11-07 Bosiljka Tadic

Many real networks are equipped with short diameters, high clustering, and power-law degree distributions. With preferential attachment and network growth, the model by Barabasi and Albert simultaneously reproduces these properties, and…

Disordered Systems and Neural Networks · Physics 2007-05-23 Naoki Masuda , Hiroyoshi Miwa , Norio Konno

A central claim in modern network science is that real-world networks are typically "scale free," meaning that the fraction of nodes with degree $k$ follows a power law, decaying like $k^{-\alpha}$, often with $2 < \alpha < 3$. However,…

Physics and Society · Physics 2019-03-19 Anna D. Broido , Aaron Clauset

Consensus about the universality of the power law feature in complex networks is experiencing profound challenges. To shine fresh light on this controversy, we propose a generic theoretical framework in order to examine the power law…

Physics and Society · Physics 2021-05-24 Xiaojun Zhang , Zheng He , Liwei Zhang , Lez Rayman-Bacchus , Yue Xiao , Shuhui Shen