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Related papers: Explicit size distributions of failure cascades re…

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How big is the risk that a few initial failures of networked nodes amplify to large cascades that endanger the functioning of the system? Common answers refer to the average final cascade size. Two analytic approaches allow its computation:…

Physics and Society · Physics 2018-11-19 Rebekka Burkholz

We present a framework to calculate the cascade size evolution for a large class of cascade models on random network ensembles in the limit of infinite network size. Our method is exact and applies to network ensembles with almost arbitrary…

Physics and Society · Physics 2018-04-25 Rebekka Burkholz , Frank Schweitzer

Cascading failure as a systematic risk occurs in a wide range of real-world networks. Cascade size distribution is a basic and crucial characteristic of systemic cascade behaviors. Recent research works have revealed that the distribution…

Physics and Society · Physics 2023-03-08 Chongxin Zhong , Yanmeng Xing , Ying Fan , An Zeng

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

Large but rare cascades triggered by small initial shocks are present in most of the infrastructure networks. Here we present a simple model for cascading failures based on the dynamical redistribution of the flow on the network. We show…

Other Condensed Matter · Physics 2009-11-10 Paolo Crucitti , Vito Latora , Massimo Marchiori

In a network, a local disturbance can propagate and eventually cause a substantial part of the system to fail, in cascade events that are easy to conceptualize but extraordinarily difficult to predict. Here, we develop a statistical…

Physics and Society · Physics 2017-02-07 Yang Yang , Takashi Nishikawa , Adilson E. Motter

Cascading failures are a critical vulnerability of complex information or infrastructure networks. Here we investigate the properties of load-based cascading failures in real and synthetic spatially-embedded network structures, and propose…

Physics and Society · Physics 2017-09-21 Alaa Moussawi , Noemi Derzsy , Xin Lin , Boleslaw K. Szymanski , Gyorgy Korniss

We introduce a probabilistic framework that represents stylized banking networks with the aim of predicting the size of contagion events. Most previous work on random financial networks assumes independent connections between banks, whereas…

Physics and Society · Physics 2017-04-12 Thomas R. Hurd , James P. Gleeson , Sergey Melnik

The increasing complexity and interdependency of today's networks highlight the importance of studying network robustness to failure and attacks. Many large-scale networks are prone to cascading effects where a limited number of initial…

Social and Information Networks · Computer Science 2016-07-27 Khashayar Kamran , Edmund Yeh

We study how large functional networks can grow stably under possible cascading overload failures and evaluated the maximum stable network size above which even a small-scale failure would cause a fatal breakdown of the network. Employing a…

Physics and Society · Physics 2017-11-01 Shogo Mizutaka , Kousuke Yakubo

Cascade models are central to understanding, predicting, and controlling epidemic spreading and information propagation. Related optimization, including influence maximization, model parameter inference, or the development of vaccination…

Artificial Intelligence · Computer Science 2020-12-17 Rebekka Burkholz , John Quackenbush

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 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

Many systems, ranging from engineering to medical to societal, can only be properly characterized by multiple interdependent networks whose normal functioning depends on one another. Failure of a fraction of nodes in one network may lead to…

Disordered Systems and Neural Networks · Physics 2015-05-13 Sergey V. Buldyrev , Roni Parshani , Gerald Paul , H. Eugene Stanley , Shlomo Havlin

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

A probabilistic framework is introduced that represents stylized banking networks and aims to predict the size of contagion events. In contrast to previous work on random financial networks, which assumes independent connections between…

General Finance · Quantitative Finance 2011-10-20 Thomas R. Hurd , James P. Gleeson

We introduce a general framework for models of cascade and contagion processes on networks, to identify their commonalities and differences. In particular, models of social and financial cascades, as well as the fiber bundle model, the…

Risk Management · Quantitative Finance 2015-05-13 Jan Lorenz , Stefano Battiston , Frank Schweitzer

One of the main issues in modern network science is the phenomenon of cascading failures of a small number of attacks. Here we define the dimension of a network to be the maximal number of functions or features of nodes of the network. It…

Social and Information Networks · Computer Science 2013-11-01 Angsheng Li , Wei Zhang , Yicheng Pan

Research on information diffusion generally assumes complete knowledge of the underlying network. However, in the presence of factors such as increasing privacy awareness, restrictions on application programming interfaces (APIs) and…

Social and Information Networks · Computer Science 2015-05-22 Václav Belák , Afra Mashhadi , Alessandra Sala , Donn Morrison

Information cascades, effectively facilitated by most social network platforms, are recognized as a major factor in almost every social success and disaster in these networks. Can cascades be predicted? While many believe that they are…

Social and Information Networks · Computer Science 2016-11-17 Cheng Li , Jiaqi Ma , Xiaoxiao Guo , Qiaozhu Mei
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