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The threshold model has been widely adopted as a classic model for studying contagion processes on social networks. We consider asymmetric individual interactions in social networks and introduce a persuasion mechanism into the threshold…

Physics and Society · Physics 2016-05-17 Wei-Min Huang , Li-Jie Zhang , Xin-Jian Xu , Xinchu Fu

Financial markets are exposed to systemic risk, the risk that a substantial fraction of the system ceases to function and collapses. Systemic risk can propagate through different mechanisms and channels of contagion. One important form of…

Risk Management · Quantitative Finance 2018-02-02 Sebastian Poledna , Serafín Martínez-Jaramillo , Fabio Caccioli , Stefan Thurner

Cyber risks are the most common risks encountered by a modern network system. However, it is significantly difficult to assess the joint cyber risk owing to the network topology, risk propagation, and heterogeneities of components. In this…

Social and Information Networks · Computer Science 2020-06-30 Gaofeng Da , Maochao Xu , Jingshi Zhang , Peng Zhao

In this work, we aim to contribute to the understanding of the human pro-social behavior by studying the influence that a particular form of social pressure "being watched" has on the evolution of cooperative behavior. We study how…

Physics and Society · Physics 2016-10-12 María Pereda

This paper proposes a simple model to capture the complexity of multi-layer systems where their constituent layers affect, are affected by, each other. The physical layer is a circuit composed by a power source and resistors in parallel.…

Multiagent Systems · Computer Science 2016-02-09 Florian Kühnlenz , Pedro H. J. Nardelli

A more connected world has brought major consequences such as facilitate the spread of diseases all over the world to quickly become epidemics, reason why researchers are concentrated in modeling the propagation of epidemics and outbreaks…

Physics and Society · Physics 2015-10-28 Lucila G. Alvarez Zuzek , Camila Buono , Lidia A. Braunstein

Current network models assume one type of links to define the relations between the network entities. However, many real networks can only be correctly described using two different types of relations. Connectivity links that enable the…

Data Analysis, Statistics and Probability · Physics 2015-05-20 Roni Parshani , Sergey V. Buldyrev , Shlomo Havlin

We show that real multiplex networks are unexpectedly robust against targeted attacks on high degree nodes, and that hidden interlayer geometric correlations predict this robustness. Without geometric correlations, multiplexes exhibit an…

We consider a multi-layer network with two layers, $\mathcal{L}_{1}$, $\mathcal{L}_{2}$. Their intra-layer topology shows a scale-free degree distribution and a core-periphery structure. A nested structure describes the inter-layer…

Physics and Society · Physics 2019-11-11 Giona Casiraghi , Antonios Garas , Frank Schweitzer

We study the impact of interaction of nodes in a layer of a multiplex network on the dynamical behavior and cluster synchronization of these nodes in other layers. We find that nodes interactions in one layer affects the cluster…

Chaotic Dynamics · Physics 2014-12-18 Sarika Jalan , Aradhana Singh

In the past decade, synchronization on complex networks has attracted increasing attentions from various research disciplines. Most previous works, however, focus only on the dynamic behaviors of synchronization process in the stable…

Data Analysis, Statistics and Probability · Physics 2011-10-26 Zhao Zhuo , Shimin Cai , Jie Zhang , Zhongqian Fu

We provide a framework for detecting relevant insurance companies in a systemic risk perspective. Among the alternative methodologies for measuring systemic risk, we propose a complex network approach where insurers are linked to form a…

Risk Management · Quantitative Finance 2020-11-24 Gian Paolo Clemente , Alessandra Cornaro

The problem of cascading failures in cyber-physical systems is drawing much attention in lieu of different network models for a diverse range of applications. While many analytic results have been reported for the case of large networks,…

Social and Information Networks · Computer Science 2014-10-15 Ali Eslami , Chuan Huang , Junshan Zhang , Shuguang Cui

Most real-world complex systems can be modelled by coupled networks with multiple layers. How and to what extent the pattern of couplings between network layers may influence the interlaced structure and function of coupled networks are not…

Data Analysis, Statistics and Probability · Physics 2010-10-26 Won-kuk Cho , K. -I. Goh , I. -M. Kim

Network theory proved recently to be useful in the quantification of many properties of financial systems. The analysis of the structure of investment portfolios is a major application since their eventual correlation and overlap impact the…

Statistical Finance · Quantitative Finance 2018-01-09 Danilo Delpini , Stefano Battiston , Guido Caldarelli , Massimo Riccaboni

Management of systemic risk in financial markets is traditionally associated with setting (higher) capital requirements for market participants. There are indications that while equity ratios have been increased massively since the…

Computational Finance · Quantitative Finance 2019-05-16 Christian Diem , Anton Pichler , Stefan Thurner

Many natural, engineered, and social systems can be represented using the framework of a layered network, where each layer captures a different type of interaction between the same set of nodes. The study of such multiplex networks is a…

Physics and Society · Physics 2020-05-12 Haochen Wu , Ryan G. James , James P. Crutchfield , Raissa M. D'Souza

This study is concerned with the dynamical behaviors of epidemic spreading over a two-layered interconnected network. Three models in different levels are proposed to describe cooperative spreading processes over the interconnected network,…

Physics and Society · Physics 2017-02-15 Xiang Wei , Xiaoqun Wu , Shihua Chen , Jun-an Lu , Guanrong Chen

We live in a modern world supported by large, complex networks. Examples range from financial markets to communication and transportation systems. In many realistic situations the flow of physical quantities in the network, as characterized…

Disordered Systems and Neural Networks · Physics 2009-11-10 Adilson E. Motter , Ying-Cheng Lai

We study the difference between the level of systemic risk that is empirically measured on an interbank network and the risk that can be deduced from the balance sheets composition of the participating banks. Using generalised DebtRank…

Risk Management · Quantitative Finance 2022-09-07 Alessandro Ferracci , Giulio Cimini
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