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The seniority of debt, which determines the order in which a bankrupt institution repays its debts, is an important and sometimes contentious feature of financial crises, yet its impact on system-wide stability is not well understood. We…

General Finance · Quantitative Finance 2015-06-25 Charles D. Brummitt , Teruyoshi Kobayashi

We propose and analyze a graph model to study the connectivity of interdependent networks. Two interdependent networks of arbitrary topologies are modeled as two graphs, where every node in one graph is supported by supply nodes in the…

Discrete Mathematics · Computer Science 2018-09-10 Jianan Zhang , Eytan Modiano

Failure, damage spread and recovery crucially underlie many spatially embedded networked systems ranging from transportation structures to the human body. Here we study the interplay between spontaneous damage, induced failure and recovery…

Physics and Society · Physics 2017-10-23 Lucas Böttcher , Mirko Lukovic , Jan Nagler , Shlomo Havlin , Hans J. Herrmann

The self-consistent probabilistic approach has proven itself powerful in studying the percolation behavior of interdependent or multiplex networks without tracking the percolation process through each cascading step. In order to understand…

Physics and Society · Physics 2016-05-04 Dunbiao Niu , Xin Yuan , Minhui Du , H. Eugene Stanley , Yanqing Hu

It is commonly believed that scale-free networks are robust to massive numbers of random node deletions. For example, Cohen et al. study scale-free networks including some which approximate the measured degree distribution of the Internet.…

Networking and Internet Architecture · Computer Science 2007-05-23 Hamilton Link , Randall A. LaViolette , Jared Saia , Terran Lane

We study how large functional networks can grow stably under possible cascading overload failures and evaluated the maximum stable network size above which even a small-scale failure would cause a fatal breakdown of the network. Employing a…

Physics and Society · Physics 2017-11-01 Shogo Mizutaka , Kousuke Yakubo

We study a graph-theoretic property known as robustness, which plays a key role in certain classes of dynamics on networks (such as resilient consensus, contagion and bootstrap percolation). This property is stronger than other graph…

Social and Information Networks · Computer Science 2015-03-20 Haotian Zhang , Elaheh Fata , Shreyas Sundaram

Many real-world complex systems across natural, social, and economical domains consist of manifold layers to form multiplex networks. The multiple network layers give rise to nonlinear effect for the emergent dynamics of systems.…

Physics and Society · Physics 2016-05-26 Kyu-Min Lee , Kwang-Il Goh

Increased coupling between critical infrastructure networks, such as power and communication systems, will have important implications for the reliability and security of these systems. To understand the effects of power-communication…

Physics and Society · Physics 2015-06-24 Mert Korkali , Jason G. Veneman , Brian F. Tivnan , Paul D. H. Hines

Despite the huge interest in network resilience to stress, most of the studies have concentrated on internal stress damaging network structure (e.g., node removals). Here we study how networks respond to environmental stress deteriorating…

Physics and Society · Physics 2018-04-24 Young-Ho Eom

Networks composed from both connectivity and dependency links were found to be more vulnerable compared to classical networks with only connectivity links. Their percolation transition is usually of a first order compared to the second…

Statistical Mechanics · Physics 2015-05-27 Amir Bashan , Roni Parshani , Shlomo Havlin

Electrical power systems are one of the most important infrastructures that support our society. However, their vulnerabilities have raised great concern recently due to several large-scale blackouts around the world. In this paper, we…

Physics and Society · Physics 2016-10-14 Yingrui Zhang , Osman Yagan

Complex networks are ubiquitous: a cell, the human brain, a group of people and the Internet are all examples of interconnected many-body systems characterized by macroscopic properties that cannot be trivially deduced from those of their…

Multi-layer complex networks (MLCN) appears in various domains, such as, transportation, supply chains, etc. Failures in MLCN can lead to major disruptions in systems. Several research have focussed on different kinds of failures, such as,…

Social and Information Networks · Computer Science 2022-12-06 Dibakar Das , Jyotsna Bapat , Debabrata Das

We study the robustness of complex networks to multiple waves of simultaneous (i) targeted attacks in which the highest degree nodes are removed and (ii) random attacks (or failures) in which fractions $p_t$ and $p_r$ respectively of the…

Statistical Mechanics · Physics 2016-08-31 T. Tanizawa , G. Paul , R. Cohen , S. Havlin , H. E. Stanley

Cascade models on networks have been used extensively to study cascade failure in complex systems. However, most current models consider failure caused by node damage and neglect the possibility of link damage, which is relevant to…

Physics and Society · Physics 2021-12-22 King Chun Wong , Sai-Ping Li

Most real-world networks are not isolated. In order to function fully, they are interconnected with other networks, and this interconnection influences their dynamic processes. For example, when the spread of a disease involves two species,…

Physics and Society · Physics 2013-08-09 Huijuan Wang , Qian Li , Gregorio D'Agostino , Shlomo Havlin , H. Eugene Stanley , Piet Van Mieghem

We study the mutual percolation of two interdependent lattice networks ranging from two to seven dimensions, denoted as $D$. We impose that the length of interdependent links connecting nodes in the two lattices be less than or equal to a…

Physics and Society · Physics 2016-11-15 Steven Lowinger , Gabriel A. Cwilich , Sergey V. Buldyrev

Cascading failures represent a fundamental threat to the integrity of complex systems, often precipitating a comprehensive collapse across diverse infrastructures and financial networks. This research articulates a robust and pragmatic…

Adaptation and Self-Organizing Systems · Physics 2024-06-28 Karan Singh , V. K. Chandrasekar , D. V. Senthilkumar

Networks in the real world do not exist as isolated entities, but they are often part of more complicated structures composed of many interconnected network layers. Recent studies have shown that such mutual dependence makes real networked…

Physics and Society · Physics 2014-04-23 Filippo Radicchi
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