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Related papers: Controlling self-organized criticality in complex …

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Self-organized criticality has been claimed to play an important role in many natural and social systems. In the present work we empirically investigate the relevance of this theory to stock-market dynamics. Avalanches in stock-market…

Physics and Society · Physics 2009-11-11 M. Bartolozzi , D. B. Leinweber , A. W. Thomas

External or internal shocks may lead to the collapse of a system consisting of many agents. If the shock hits only one agent initially and causes it to fail, this can induce a cascade of failures among neighoring agents. Several critical…

Risk Management · Quantitative Finance 2015-06-11 Claudio J. Tessone , Antonios Garas , Beniamino Guerra , Frank Schweitzer

We consider the Bak-Tang-Wiesenfeld sandpile model on square lattices in different dimensions (D>=6). A finite size scaling analysis of the avalanche probability distributions yields the values of the distribution exponents, the dynamical…

Condensed Matter · Physics 2009-10-30 S. Lubeck , K. D. Usadel

The identification of which nodes are optimal seeds for spreading processes on a network is a non-trivial problem that has attracted much interest recently. While activity has mostly focused on non-recurrent type of dynamics, here we…

Physics and Society · Physics 2020-07-17 Gaël Poux-Médard , Romualdo Pastor-Satorras , Claudio Castellano

The train model which is a variant of the Burridge-Knopoff earthquake model is investigated for a velocity-strengthening friction law. It shows self-organized criticality with complex scaling exponents. That is, the probability density…

adap-org · Physics 2009-10-30 Franz-Josef Elmer

We consider the problem of a dynamical network whose dynamics is subject to external perturbations (`attacks') locally applied at a subset of the network nodes. We assume that the network has an ability to defend itself against attacks with…

Systems and Control · Computer Science 2018-06-13 Ishan Kafle , Sudarshan Bartaula , Afroza Shirin , Isaac Klickstein , Pankaz Das , Francesco Sorrentino

Event-triggered and self-triggered control have been proposed in recent years as promising control strategies to reduce communication resources in Networked Control Systems (NCSs). Based on the notion of set-invariance theory, this note…

Optimization and Control · Mathematics 2018-01-18 Kazumune Hashimoto , Dimos V. Dimarogonas , Shuichi Adachi

Small-world networks are the focus of recent interest because they appear to circumvent many of the limitations of either random networks or regular lattices as frameworks for the study of interaction networks of complex systems. Here, we…

Statistical Mechanics · Physics 2012-03-08 Luis A. Nunes Amaral , Antonio Scala , Marc Barthelemy , H. Eugene Stanley

This paper addresses the security allocation problem within networked control systems, which consist of multiple interconnected control systems under the influence of two opposing agents: a defender and a malicious adversary. The adversary…

Systems and Control · Electrical Eng. & Systems 2026-03-31 Anh Tung Nguyen , Andreas Hertzberg , André MH Teixeira

Evaluation of systemic risk in networks of financial institutions in general requires information of inter-institution financial exposures. In the framework of Debt Rank algorithm, we introduce an approximate method of systemic risk…

Risk Management · Quantitative Finance 2021-04-14 Sebastian M. Krause , Hrvoje Štefančić , Vinko Zlatić , Guido Caldarelli

We consider load balancing in a network of caching servers delivering contents to end users. Randomized load balancing via the so-called power of two choices is a well-known approach in parallel and distributed systems that reduces network…

Data Structures and Algorithms · Computer Science 2016-10-25 Ali Pourmiri , Mahdi Jafari Siavoshani , Seyed Pooya Shariatpanahi

The insufficient understanding of the credit network structure was recognized as a key factor for regulators' underestimation of the destructive systematic risk during the financial crisis that started in 2007. The existing credit network…

Risk Management · Quantitative Finance 2018-12-05 Xuan Lu , Li Huang , Kangjuan Lyu

Many systems in Nature exhibit avalanche dynamics with scale-free features. A general scaling theory has been proposed for critical avalanche profiles in crackling noise, predicting the collapse onto a universal avalanche shape, as well as…

Neurons and Cognition · Quantitative Biology 2022-09-14 Manoj K. Nandi , Alessandro Sarracino , Hans J. Herrmann , Lucilla de Arcangelis

Power laws in nature are considered to be signatures of complexity. The theory of self-organized criticality (SOC) was proposed to explain their origins. A longstanding principle of SOC is the \emph{separation of timescales} axiom. It…

Neurons and Cognition · Quantitative Biology 2019-07-03 Anirban Das , Anna Levina

An improved version of the Olami-Feder-Christensen model has been introduced to consider avalanche size differences. Our model well demonstrates the power-law behavior and finite size scaling of avalanche size distribution in any range of…

Statistical Mechanics · Physics 2015-05-20 Gui-Qing Zhang , Ugur Tirnakli , Lin Wang , Tian-Lun Chen

Natural and technological interdependent systems have been shown to be highly vulnerable due to cascading failures and an abrupt collapse of global connectivity under initial failure. Mitigating the risk by partial disconnection endangers…

Statistical Mechanics · Physics 2013-06-13 Christian M. Schneider , Nuri Yazdani , Nuno A. M. Araujo , Shlomo Havlin , Hans J. Herrmann

Random Threshold Networks with sparse, asymmetric connections show complex dynamical behavior similar to Random Boolean Networks, with a transition from ordered to chaotic dynamics at a critical average connectivity $K_c$. In this type of…

Statistical Mechanics · Physics 2009-11-07 Thimo Rohlf , Stefan Bornholdt

We examine probability distribution for avalanche sizes observed in self-organized critical systems. While a power-law distribution with a cutoff because of finite system size is typical behavior, a systematic investigation reveals that it…

Statistical Mechanics · Physics 2022-08-09 Avinash Chand Yadav , Abdul Quadir , Haider Hasan Jafri

We propose a simple model for a binary decision making process on a graph, motivated by modeling social decision making with cooperative individuals. The model is similar to a random field Ising model or fiber bundle model, but with key…

Physics and Society · Physics 2017-01-20 Andrew Lucas , Ching Hua Lee

We introduce a general theoretical scheme for a class of phenomena characterized by an extremal dynamics and quenched disorder. The approach is based on a transformation of the quenched dynamics into a stochastic one with cognitive memory…

Disordered Systems and Neural Networks · Physics 2009-10-30 A. Gabrielli , R. Cafiero , M. Marsili , L. Pietronero