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The failure of key financial institutions may accelerate risk contagion due to their interconnections within the system. In this paper, we propose a robust portfolio strategy to mitigate systemic risks during extreme events. We use the…

Portfolio Management · Quantitative Finance 2025-03-21 Qian Hui , Tiandong Wang

The connectivity of a network contains information about the relationships between nodes, which can denote interactions, associations, or dependencies. We show that this information can be analyzed by measuring the uncertainty (and…

Physics and Society · Physics 2020-01-23 Brennan Klein , Erik Hoel

We use real-world contact sequences, time-ordered lists of contacts from one person to another, to study how fast information or disease can spread across network of contacts. Specifically we measure the reachability time -- the average…

Other Condensed Matter · Physics 2007-05-23 Petter Holme

The field of complex networks studies a wide variety of interacting systems by representing them as networks. To understand their properties and mutual relations, the randomisation of network connections is a commonly used tool. However,…

Statistical Mechanics · Physics 2024-10-18 Noam Abadi , Franco Ruzzenenti

The probability distribution of number of ties of an individual in a social network follows a scale-free power-law. However, how this distribution arises has not been conclusively demonstrated in direct analyses of people's actions in…

Physics and Society · Physics 2014-08-25 Lev Muchnik , Sen Pei , Lucas C. Parra , Saulo D. S. Reis , Jose S. Andrade, , Shlomo Havlin , Hernan A. Makse

Just like the degrees of human and animal interaction networks, the distribution of the times between interactions is known to often be right-skewed and fat-tailed. Both these distributions affect epidemic dynamics strongly, but, as we show…

Populations and Evolution · Quantitative Biology 2020-05-14 Naoki Masuda , Petter Holme

Weighted networks capture the structure of complex systems where interaction strength is meaningful. This information is essential to a large number of processes, such as threshold dynamics, where link weights reflect the amount of…

Physics and Society · Physics 2021-04-28 Samuel Unicomb , Gerardo Iñiguez , Márton Karsai

Network control refers to a very large and diverse set of problems including controllability of linear time-invariant dynamical systems, where the objective is to select an appropriate input to steer the network to a desired state. There…

Data Structures and Algorithms · Computer Science 2016-03-25 Mohamad Kazem Shirani Faradonbeh , Ambuj Tewari , George Michailidis

This paper leverages linear systems theory to propose a principled measure of complexity for network systems. We focus on a network of first-order scalar linear systems interconnected through a directed graph. By locally filtering out the…

Systems and Control · Electrical Eng. & Systems 2025-07-10 Giacomo Baggio , Marco Fabris

Understanding and predicting uncertain things are the central themes of scientific evolution. Human beings revolve around these fears of uncertainties concerning various aspects like a global pandemic, health, finances, to name but a few.…

Statistical Mechanics · Physics 2021-08-31 Sayantan Nag Chowdhury , Arnob Ray , Arindam Mishra , Dibakar Ghosh

The Extremal Index is a parameter that measures the intensity of clustering of rare events and is usually equal to the reciprocal of the mean of the limiting cluster size distribution. We show how to build dynamically generated stochastic…

Dynamical Systems · Mathematics 2020-05-20 Miguel Abadi , Ana Cristina Moreira Freitas , Jorge Milhazes Freitas

Link prediction problem has increasingly become prominent in many domains such as social network analyses, bioinformatics experiments, transportation networks, criminal investigations and so forth. A variety of techniques has been developed…

Artificial Intelligence · Computer Science 2023-05-18 Safiye Ghasemi , Amin Zarei

The goal of this paper is two-fold: 1. We review classical and recent measures of serial extremal dependence in a strictly stationary time series as well as their estimation. 2. We discuss recent concepts of heavy-tailed time series,…

Statistics Theory · Mathematics 2013-03-27 Richard A. Davis , Thomas Mikosch , Yuwei Zhao

Turing instability in complex networks have been shown in the literature to be dominated by the distribution of the nodal degrees. The conditions for Turing instability have been derived with an explicit dependence on the eigenvalues of the…

Pattern Formation and Solitons · Physics 2024-10-02 Samana Pranesh , Devanand Jaiswal , Sayan Gupta

The analysis of temporal networks heavily depends on the analysis of time-respecting paths. However, before being able to model and analyze the time-respecting paths, we have to infer the timescales at which the temporal edges influence…

Physics and Society · Physics 2023-01-30 Luka V. Petrović , Anatol Wegner , Ingo Scholtes

In order to understand controlling a complex system, an estimation of the required effort needed to achieve control is vital. Previous works have addressed this issue by studying the scaling laws of energy cost in a general way with…

Physics and Society · Physics 2021-07-05 Hong Chen , Ee Hou Yong

Optimal control of interdependent epidemics spreading over complex networks is a critical issue. We first establish a framework to capture the coupling between two epidemics, and then analyze the system's equilibrium states by categorizing…

Systems and Control · Computer Science 2017-10-19 Juntao Chen , Rui Zhang , Quanyan Zhu

Given a social network, which of its nodes have a stronger impact in determining its structure? More formally: which node-removal order has the greatest impact on the network structure? We approach this well-known problem for the first time…

Social and Information Networks · Computer Science 2011-10-21 Paolo Boldi , Marco Rosa , Sebastiano Vigna

We consider the problem of selecting important nodes in a random network, where the nodes connect to each other randomly with certain transition probabilities. The node importance is characterized by the stationary probabilities of the…

Methodology · Statistics 2019-01-14 Haidong Li , Xiaoyun Xu , Yijie Peng , Chun-Hung Chen

In this paper, we investigate temporal clusters of extremes defined as subsequent exceedances of high thresholds in a stationary time series. Two meaningful features of these clusters are the probability distribution of the cluster size and…

Statistics Theory · Mathematics 2020-04-08 Marco Oesting , Alexander Schnurr
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