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Related papers: The World-Trade Web: Topological Properties, Dynam…

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This paper studies the topological properties of the World Trade Web (WTW) and its evolution over time by employing a weighted network analysis. We show that the WTW, viewed as a weighted network, displays statistical features that are very…

General Finance · Quantitative Finance 2009-11-13 Giorgio Fagiolo , Javier Reyes , Stefano Schiavo

Tools of the theory of critical phenomena, namely the scaling analysis and universality, are argued to be applicable to large complex web-like network structures. Using a detailed analysis of the real data of the International Trade Network…

General Finance · Quantitative Finance 2009-11-13 K. Bhattacharya , G. Mukherjee , J. Saramaki , K. Kaski , S. S. Manna

The \emph{World Trade Web} (WTW), the network defined by the international import/export trade relationships, has been recently shown to display some important topological properties which are tightly related to the Gross Domestic Product…

Physics and Society · Physics 2009-02-06 D. Garlaschelli , M. I. Loffredo

We present a general model for the growth of weighted networks in which the structural growth is coupled with the edges' weight dynamical evolution. The model is based on a simple weight-driven dynamics and a weights' reinforcement…

Statistical Mechanics · Physics 2009-11-10 Alain Barrat , Marc Barthelemy , Alessandro Vespignani

This paper employs a weighted network approach to study the empirical properties of the web of trade relationships among world countries, and its evolution over time. We show that most countries are characterized by weak trade links; yet,…

Social and Information Networks · Computer Science 2018-03-21 Maddalena D'Anna , Alfredo Petrosino

In this paper, we investigate the statistical features of the weighted international-trade network. By finding the maximum weight spanning trees for this network we make the extraction of the truly relevant connections forming the network's…

Physics and Society · Physics 2023-07-19 Patryk Skowron , Mariusz Karpiarz , Agata Fronczak , Piotr Fronczak

Many biological, ecological and economic systems are best described by weighted networks, as the nodes interact with each other with varying strength. However, most network models studied so far are binary, the link strength being either 0…

Disordered Systems and Neural Networks · Physics 2009-11-07 S. H. Yook , H. Jeong , A. -L. Barabasi , Y. Tu

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

We review the main tools which allow for the statistical characterization of weighted networks. We then present two case studies, the airline connection network and the scientific collaboration network, which are representative of critical…

Statistical Mechanics · Physics 2009-11-10 Marc Barthelemy , Alain Barrat , Romualdo Pastor-Satorras , Alessandro Vespignani

For most technical networks, the interplay of dynamics, traffic and topology is assumed crucial to their evolution. In this paper, we propose a traffic-driven evolution model of weighted technological networks. By introducing a general…

Disordered Systems and Neural Networks · Physics 2009-11-11 Wen-Xu Wang , Bo Hu , Gang Yan , Qing Ou , Bing-Hong Wang

The World Trade Web (WTW) is a weighted network whose nodes correspond to countries with edge weights reflecting the value of imports and/or exports between countries. In this paper we introduce to this macroeconomic system the notion of…

General Finance · Quantitative Finance 2015-03-19 N. Foti , S. Pauls , Daniel N. Rockmore

Many social, technological, biological, and economical systems are best described by weighted networks, whose properties and dynamics depend not only on their structures but also on the connection weights among their nodes. However, most…

Disordered Systems and Neural Networks · Physics 2015-06-24 Chunguang Li , Guanrong Chen

We review the recent fast progress in statistical physics of evolving networks. Interest has focused mainly on the structural properties of random complex networks in communications, biology, social sciences and economics. A number of giant…

Statistical Mechanics · Physics 2015-06-24 S. N. Dorogovtsev , J. F. F. Mendes

We present an empirical analysis of the network formed by the trade relationships between all world countries, or World Trade Web (WTW). Each (directed) link is weighted by the amount of wealth flowing between two countries, and each…

Physics and Society · Physics 2009-02-06 D. Garlaschelli , T. Di Matteo , T. Aste , G. Caldarelli , M. I. Loffredo

Real-world networks process structured connections since they have non-trivial vertex degree correlation and clustering. Here we propose a toy model of structure formation in real-world weighted network. In our model, a network evolves by…

Physics and Society · Physics 2015-06-26 C. C. Leung , H. F. Chau

The large-scale organization of the world economies is exhibiting increasingly levels of local heterogeneity and global interdependency. Understanding the relation between local and global features calls for analytical tools able to uncover…

General Finance · Quantitative Finance 2008-12-10 M. Angeles Serrano , Marian Boguna , Alessandro Vespignani

Economy, and consequently trade, is a fundamental part of human social organization which, until now, has not been studied within the network modelling framework. Networks are mathematical tools used in the modelling of a wide variety of…

Disordered Systems and Neural Networks · Physics 2009-11-10 M. Angeles Serrano , Marian Boguna

Systems which consist of many localized constituents interacting with each other can be represented by complex networks. Consistently, network science has become highly popular in vast fields focusing on natural, artificial and social…

Statistical Mechanics · Physics 2022-06-29 Rute Oliveira , Samuraí Brito , Luciano R. da Silva , Constantino Tsallis

We develop a simple theoretical framework for the evolution of weighted networks that is consistent with a number of stylized features of real-world data. In our framework, the Barabasi-Albert model of network evolution is extended by…

General Finance · Quantitative Finance 2015-05-13 Massimo Riccaboni , Stefano Schiavo

Networked structures arise in a wide array of different contexts such as technological and transportation infrastructures, social phenomena, and biological systems. These highly interconnected systems have recently been the focus of a great…

Statistical Mechanics · Physics 2009-11-10 Alain Barrat , Marc Barthelemy , Romualdo Pastor-Satorras , Alessandro Vespignani
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