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We find empirically a characteristic sharp peak-flat trough pattern in a large set of commodity prices. We argue that the sharp peak structure reflects an endogenous inter-market organization, and that peaks may be seen as local…

Statistical Mechanics · Physics 2009-10-31 B. M. Roehner , D. Sornette

An essential requirement for the representation of functional patterns in complex neural networks, such as the mammalian cerebral cortex, is the existence of stable network activations within a limited critical range. In this range, the…

Neurons and Cognition · Quantitative Biology 2008-02-19 Marcus Kaiser , Matthias Goerner , Claus C. Hilgetag

The study of spreading processes often analyzes networks at different resolutions, e.g., at the level of individuals or countries, but it is not always clear how properties at one resolution can carry over to another. Accordingly, in this…

Physics and Society · Physics 2024-12-04 Baike She , Matthew Hale

We develop a model for contagion in reinsurance networks by which primary insurers' losses are spread through the network. Our model handles general reinsurance contracts, such as typical excess of loss contracts. We show that simpler…

Risk Management · Quantitative Finance 2020-03-25 Ariah Klages-Mundt , Andreea Minca

We study the effectiveness of recovery strategies for a dynamic model of failure spreading in networks. These strategies control the distribution of resources based on information about the current network state and network topology. In…

Physics and Society · Physics 2009-11-13 Lubos Buzna , Karsten Peters , Hendrik Ammoser , Christian Kuehnert , Dirk Helbing

Clustering is typically measured by the ratio of triangles to all triples, open or closed. Generating clustered networks, and how clustering affects dynamics on networks, is reasonably well understood for certain classes of networks…

Physics and Society · Physics 2014-10-22 Martin Ritchie , Luc Berthouze , Thomas House , Istvan Z. Kiss

By applying network analysis techniques to large input-output system, we identify key sectors in the local/regional economy. We overcome the limitations of traditional measures of centrality by using random-walk based measures, as an…

General Economics · Economics 2022-09-30 Fernando DePaolis , Phil Murphy , M. Clara DePaolis Kaluza

We examine how monetary shocks spread throughout an economic model characterized by sticky prices and general equilibrium, where the pricing strategies of firms are interlinked, fostering a mutually beneficial relationship. In this dynamic…

Theoretical Economics · Economics 2024-04-01 Lambert Dong

Business cycles tend to comove across countries. However, standard models that attribute comovement to propagation of exogenous shocks struggle to generate a level of comovement that is as high as in the data. In this paper, we consider…

General Economics · Economics 2024-09-13 Marco Pangallo

Repeating patterns of spike sequences from a neuronal network have been proposed to be useful in the reconstruction of the network topology. Reverberations in a physiologically realistic model with various physical connection topologies…

Neurons and Cognition · Quantitative Biology 2014-07-15 Hao Song , Chun-Chung Chen , Jyh-Jang Sun , Pik-Yin Lai , C. K. Chan

We study a general epidemic model with arbitrary recovery rate distributions. This simple deviation from the standard setup is sufficient to prove that heterogeneity in the dynamical parameters can be as important as the more studied…

Physics and Society · Physics 2020-01-22 Guilherme Ferraz de Arruda , Giovanni Petri , Francisco A. Rodrigues , Yamir Moreno

Networked SIR models have become essential workhorses in the modeling of epidemics, their inception, propagation and control. Here, and building on this venerable tradition, we report on the emergence of a remarkable self-organization of…

Statistical Mechanics · Physics 2025-05-16 Sara Najem , Leonid Klushin , Jihad Touma

Analytical description of propagation phenomena on random networks has flourished in recent years, yet more complex systems have mainly been studied through numerical means. In this paper, a mean-field description is used to coherently…

Statistical Mechanics · Physics 2010-10-08 Laurent Hébert-Dufresne , Pierre-André Noël , Vincent Marceau , Antoine Allard , Louis J. Dubé

In the context of epidemic spreading, many intricate dynamical patterns can emerge due to the cooperation of different types of pathogens or the interaction between the disease spread and other failure propagation mechanism. To unravel such…

Physics and Society · Physics 2024-05-07 Bo Li , David Saad

Diffusion processes in networks are increasingly used to model the spread of information and social influence. In several applications in computational sustainability such as the spread of wildlife, infectious diseases and traffic mobility…

Social and Information Networks · Computer Science 2013-09-27 Akshat Kumar , Daniel Sheldon , Biplav Srivastava

We present a stability study of the class of multivariate self-excited Hawkes point processes, that can model natural and social systems, including earthquakes, epileptic seizures and the dynamics of neuron assemblies, bursts of exchanges…

Statistical Mechanics · Physics 2015-05-27 A. Saichev , D. Sornette

Epidemiological processes are studied within a recently proposed hierarchical network model using the susceptible-infected-refractory dynamics of an epidemic. Within the network model, a population may be characterized by $H$ independent…

Disordered Systems and Neural Networks · Physics 2008-06-24 Dafang Zheng , P. M. Hui , Steffen Trimper , Bo Zheng

Models of how things spread often assume that transmission mechanisms are fixed over time. However, social contagions--the spread of ideas, beliefs, innovations--can lose or gain in momentum as they spread: ideas can get reinforced, beliefs…

Recent experimental advances are producing an avalanche of data on both neural connectivity and neural activity. To take full advantage of these two emerging datasets we need a framework that links them, revealing how collective neural…

Neurons and Cognition · Quantitative Biology 2020-02-27 Gabriel Koch Ocker , Krešimir Josić , Eric Shea-Brown , Michael A. Buice

Failure, damage spread and recovery crucially underlie many spatially embedded networked systems ranging from transportation structures to the human body. Here we study the interplay between spontaneous damage, induced failure and recovery…

Physics and Society · Physics 2017-10-23 Lucas Böttcher , Mirko Lukovic , Jan Nagler , Shlomo Havlin , Hans J. Herrmann