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Related papers: Wealth distribution on complex networks

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We study the problem of inferring network topology from information cascades, in which the amount of time taken for information to diffuse across an edge in the network follows an unknown distribution. Unlike previous studies, which assume…

Social and Information Networks · Computer Science 2019-03-05 Feng Ji , Wenchang Tang , Wee Peng Tay , Edwin K. P. Chong

The sum of $n$ {non-independent} Bernoulli random variables could be modeled in several different ways. One of these is the Multiplicative Binomial Distribution (MBD), introduced by Altham (1978) and revised by Lovison (1998). In this work,…

Statistics Theory · Mathematics 2018-02-26 Francesca Fortunato

The distribution of wealth among the members of a society is herein assumed to result from two fundamental mechanisms, trade and investment. An empirical distribution of wealth shows an abrupt change between the low-medium range, that may…

Statistical Mechanics · Physics 2008-12-02 Nicola Scafetta , Sergio Picozzi , Bruce J. West

We investigate the dynamics of random walks on weighted networks. Assuming that the edge's weight and the node's strength are used as local information by a random walker, we study two kinds of walks, weight-dependent walk and…

Statistical Mechanics · Physics 2015-06-25 An-Cai Wu , Xin-Jian Xu , Zhi-Xi Wu , Ying-Hai Wang

We model a closed economic system with interactions that generates the features of empirical wealth distribution across all wealth brackets, namely a Gibbsian trend in the lower and middle wealth range and a Pareto trend in the higher…

General Finance · Quantitative Finance 2008-12-02 Marisciel L. Palima , Eduardo J. David

Modern society heavily relies on strongly connected, socio-technical systems. As a result, distinct risks threatening the operation of individual systems can no longer be treated in isolation. Consequently, risk experts are actively seeking…

Risk Management · Quantitative Finance 2018-02-07 Christos Ellinas , Neil Allan , Caroline Coombe

In search of many social and economical systems, it is found that node strength distribution as well as degree distribution demonstrate the behavior of power-law with droop-head and heavy-tail. We present a new model for the growth of…

Disordered Systems and Neural Networks · Physics 2007-05-23 Chuan-Ji Fu , Qing Ou , Wen Chen , Bing-Hong Wang , Ying-Di Jin , Yong-Wei Niu , Tao Zhou

When the historical data are limited, the conditional probabilities associated with the nodes of Bayesian networks are uncertain and can be empirically estimated. Second order estimation methods provide a framework for both estimating the…

Machine Learning · Statistics 2022-08-09 Conrad D. Hougen , Lance M. Kaplan , Federico Cerutti , Alfred O. Hero

Weight distribution largely impacts the epidemic spreading taking place on top of networks. This paper studies a susceptible-infected-susceptible model on regular random networks with different kinds of weight distributions. Simulation…

Physics and Society · Physics 2012-07-16 Zimo Yang , Tao Zhou

We introduce a simple model of economy, where the time evolution is described by an equation capturing both exchange between individuals and random speculative trading, in such a way that the fundamental symmetry of the economy under an…

Condensed Matter · Physics 2007-05-23 Jean-Philippe Bouchaud , Marc Mezard

We consider a simple theoretical model to investigate the impact of inheritances on the wealth distribution. Wealth is described as a finite resource, which remains constant over different generations and is divided equally among offspring.…

Physics and Society · Physics 2021-11-17 Pedro Patrício , Nuno A. M. Araújo

The paper considers a distributed robust estimation problem over a network with Markovian randomly varying topology. The objective is to deal with network variations locally, by switching observer gains at affected nodes only. We propose…

Systems and Control · Computer Science 2015-12-07 V. Ugrinovskii

Asset exchange models (AEMs) provide a physics-inspired framework for studying wealth formation. These models capture wealth distribution dynamics via pairwise money exchanges, yielding steady-state distributions from exponential to…

Physics and Society · Physics 2025-09-30 Joel Wagner , Siew Ann Cheong , Viola Priesemann

The theory of large deviations constitutes a mathematical cornerstone in the foundations of Boltzmann-Gibbs statistical mechanics, based on the additive entropy $S_{BG}=- k_B\sum_{i=1}^W p_i \ln p_i$. Its optimization under appropriate…

Statistical Mechanics · Physics 2011-10-31 Guiomar Ruiz , Constantino Tsallis

Based on the concept and techniques of first-passage probability in Markov chain theory, this letter provides a rigorous proof for the existence of the steady-state degree distribution of the scale-free network generated by the…

Probability · Mathematics 2008-05-13 Zhenting Hou , Xiangxing Kong , Dinghua Shi , Guanrong Chen

Community structure is common in many real networks, with nodes clustered in groups sharing the same connections patterns. While many community detection methods have been developed for networks with binary edges, few of them are applicable…

Methodology · Statistics 2023-03-13 Andressa Cerqueira , Elizaveta Levina

We present a methodology to extract the backbone of complex networks based on the weight and direction of links, as well as on nontopological properties of nodes. We show how the methodology can be applied in general to networks in which…

General Finance · Quantitative Finance 2010-06-23 J. B. Glattfelder , S. Battiston

Learning the structure of Bayesian networks from data provides insights into underlying processes and the causal relationships that generate the data, but its usefulness depends on the homogeneity of the data population, a condition often…

We present a statistical mechanics approach for the description of complex networks. We first define an energy and an entropy associated to a degree distribution which have a geometrical interpretation. Next we evaluate the distribution…

Disordered Systems and Neural Networks · Physics 2009-11-13 Ginestra Bianconi

Community detection is an important task in network analysis, in which we aim to learn a network partition that groups together vertices with similar community-level connectivity patterns. By finding such groups of vertices with similar…

Machine Learning · Statistics 2015-05-25 Christopher Aicher , Abigail Z. Jacobs , Aaron Clauset