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A multiplex network of identical dynamical units becomes resilient against parameter perturbation by adding selective linear diffusive cross-coupling links. A parameter drift at any instant in one or multiple network nodes can destroy…

Adaptation and Self-Organizing Systems · Physics 2022-03-04 Suman Saha

We examine a model of network formation in single-layer and multiplex networks in which individuals have positive incentives for social ties, closed triangles, and spillover edges. In particular, we investigate the influence of shocks to…

Social and Information Networks · Computer Science 2018-05-18 Paul E. Smaldino , Raissa D'Souza , Zeev Maoz

The understanding of cascading failures in complex systems has been hindered by the lack of realistic large-scale modeling and analysis that can account for variable system conditions. Here, using the North American power grid, we identify,…

Physics and Society · Physics 2018-04-23 Yang Yang , Takashi Nishikawa , Adilson E. Motter

We model smart grids as complex interdependent networks, and study targeted attacks on smart grids for the first time. A smart grid consists of two networks: the power network and the communication network, interconnected by edges.…

Social and Information Networks · Computer Science 2015-02-19 Sushmita Ruj , Arindam Pal

We investigate the abrupt breakdown behavior of coupled distribution grids under load growth. This scenario mimics the ever-increasing customer demand and the foreseen introduction of energy hubs interconnecting the different energy…

The dynamic network of relationships among corporations underlies cascading economic failures including the current economic crisis, and can be inferred from correlations in market value fluctuations. We analyze the time dependence of the…

Statistical Finance · Quantitative Finance 2010-11-18 Dion Harmon , Blake Stacey , Yavni Bar-Yam , Yaneer Bar-Yam

Economic interdependencies have become increasingly present in globalized production, financial and trade systems. While establishing interdependencies among economic agents is crucial for the production of complex products, they may also…

Physics and Society · Physics 2019-12-23 Aymeric Vié , Alfredo J. Morales

The frequent emergence of diseases with the potential to become threats at local and global scales, such as influenza A(H1N1), SARS, MERS, and recently COVID-19 disease, makes it crucial to keep designing models of disease propagation and…

Physics and Society · Physics 2020-08-27 I. A. Perez , M. A. Di Muro , C. E. La Rocca , L. A. Braunstein

Interlayer link prediction aims at matching the same entities across different layers of the multiplex network. Existing studies attempt to predict more accurately, efficiently, or generically from the aspects of network structure,…

Physics and Society · Physics 2022-05-19 Rui Tang , Shuyu Jiang , Xingshu Chen , Wenxian Wang , Wei Wang

Aggregate and systemic risk in complex systems are emergent phenomena depending on two properties: the idiosyncratic risks of the elements and the topology of the network of interactions among them. While a significant attention has been…

Social and Information Networks · Computer Science 2018-09-25 Elisa Letizia , Fabrizio Lillo

This work explores the characteristics of financial contagion in networks whose links distributions approaches a power law, using a model that defines banks balance sheets from information of network connectivity. By varying the parameters…

General Finance · Quantitative Finance 2014-10-10 Vanessa Hoffmann de Quadros , Juan Carlos González-Avella , José Roberto Iglesias

We propose here a multiplex network approach to investigate simultaneously different types of dependency in complex data sets. In particular, we consider multiplex networks made of four layers corresponding respectively to linear,…

Physics and Society · Physics 2016-06-16 Nicoló Musmeci , Vincenzo Nicosia , Tomaso Aste , Tiziana Di Matteo , Vito Latora

The global financial system can be represented as a large complex network in which banks, hedge funds and other financial institutions are interconnected to each other through visible and invisible financial linkages. Recently, a lot of…

Risk Management · Quantitative Finance 2018-04-11 Fabio Caccioli , Paolo Barucca , Teruyoshi Kobayashi

In multiplex networks with a large number of layers, the nodes can have different activities, indicating the total number of layers in which the nodes are present. Here we model multiplex networks with heterogeneous activity of the nodes…

Physics and Society · Physics 2016-03-15 Davide Cellai , Ginestra Bianconi

Social interactions are stratified in multiple contexts and are subject to complex temporal dynamics. The systematic study of these two features of social systems has started only very recently mainly thanks to the development of multiplex…

Physics and Society · Physics 2018-12-12 Quan-Hui Liu , Xinyue Xiong , Qian Zhang , Nicola Perra

Epidemic spreading has been studied for a long time and most of them are focused on the growing aspect of a single epidemic outbreak. Recently, we extended the study to the case of recurrent epidemics (Sci. Rep. {\bf 5}, 16010 (2015)) but…

Physics and Society · Physics 2017-05-29 Muhua Zheng , Ming Zhao , Byungjoon Min , Zonghua Liu

In this brief, we study epidemic spreading dynamics taking place in complex networks. We specifically investigate the effect of synergy, where multiple interactions between nodes result in a combined effect larger than the simple sum of…

Social and Information Networks · Computer Science 2019-04-23 Masaki Ogura , Wenjie Mei , Kenji Sugimoto

Recent studies have shown that synchronizability of complex networks can be significantly improved by asymmetric couplings, and increase of coupling gradient is always in favor of network synchronization. Here we argue and demonstrate that,…

Adaptation and Self-Organizing Systems · Physics 2009-11-13 Xingang Wang , Ying-Cheng Lai , Cangtao Zhou , Choy Heng Lai

Identifying the most influential spreaders is important to understand and control the spreading process in a network. As many real-world complex systems can be modeled as multilayer networks, the question of identifying important nodes in…

Physics and Society · Physics 2021-01-08 Qi Zeng , Ying Liu , Liming Pan , Ming Tang

We consider a network of bank holdings, where every holding has two subsidiaries of different types. A subsidiary can trade with another holding's subsidiary of the same type. Holdings support their subsidiaries up to a certain level when…

Risk Management · Quantitative Finance 2024-03-11 Maxim Bichuch , Nils Detering