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Spreading phenomena on networks are essential for the collective dynamics of various natural and technological systems, from information spreading in gene regulatory networks to neural circuits or from epidemics to supply networks…

Physics and Society · Physics 2021-06-01 Justine Wolter , Benedict Lünsmann , Xiaozhu Zhang , Malte Schröder , Marc Timme

We consider an economic geography model with two inter-regional proximity structures: one governing goods trade and the other governing production externalities across regions. We investigate how the introduction of the latter affects the…

General Economics · Economics 2021-05-11 Minoru Osawa , José M. Gaspar

Complex contagion models have been developed to understand a wide range of social phenomena such as adoption of cultural fads, the diffusion of belief, norms, and innovations in social networks, and the rise of collective action to join a…

Physics and Society · Physics 2018-07-04 Yong Zhuang , Osman Yağan

An outstanding problem of interdisciplinary interest is to understand quantitatively the role of social contacts in contagion dynamics. In general, there are two types of contacts: close ones among friends, colleagues and family members,…

Physics and Society · Physics 2018-12-26 Peng-Bi Cui , Wei Wang , Shi-Min Cai , Tao Zhou , Ying-Cheng Lai

Networks are versatile representations of the interactions between entities in complex systems. Cycles on such networks represent feedback processes which play a central role in system dynamics. In this work, we introduce a measure of the…

Social and Information Networks · Computer Science 2017-12-06 Pierre-Louis Giscard , Richard C. Wilson

We investigate how crises alter societies by analyzing the timing and channels of change using a longitudinal multi-wave survey of a representative sample of Americans throughout 2020. This methodology allows us to overcome some of the…

General Economics · Economics 2023-02-16 Guglielmo Briscese , Maddalena Grignani , Stephen Stapleton

Recently, some studies have revealed that non-Poissonian statistics of human behaviors stem from the hierarchical geographical network structure. On this view, we focus on epidemic spreading in the hierarchical geographical networks, and…

Physics and Society · Physics 2015-06-04 Zhi-Dan Zhao , Ying Liu , Ming Tang

This paper introduces a novel multi-moment connectedness network approach for analyzing the interconnectedness of green financial market. Focusing on the impact of monetary policy shocks, our study reveals that connectedness within the…

General Economics · Economics 2024-10-23 Tingguo Zheng , Hongyin Zhang , Shiqi Ye

Much of the analysis of economic growth has focused on the study of aggregate output. Here, we deviate from this tradition and look instead at the structure of output embodied in the network connecting countries to the products that they…

General Finance · Quantitative Finance 2012-03-02 Ricardo Hausmann , Cesar A. Hidalgo

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

This paper studies the role of households' heterogeneity in access to financial markets and the consumption of commodity goods in the transmission of foreign shocks. First, I use survey data from Uruguay to show that low income households…

General Economics · Economics 2022-01-11 Santiago Camara

We study the distributional implications of uncertainty shocks by developing a model that links macroeconomic aggregates to the US distribution of earnings and consumption. We find that: initially, the fraction of low-earning workers…

General Economics · Economics 2024-11-20 Florian Huber , Massimiliano Marcellino , Tommaso Tornese

Spillover of economic outcomes often arises over multiple networks, and distinguishing their separate roles is important in empirical research. For example, the direction of spillover between two groups (such as banks and industrial sectors…

Econometrics · Economics 2022-11-17 Clemens Possnig , Andreea Rotărescu , Kyungchul Song

Spreading broadly refers to the notion of an entity propagating throughout a networked system via its interacting components. Evidence of its ubiquity and severity can be seen in a range of phenomena, from disease epidemics to financial…

Physics and Society · Physics 2018-04-25 Christos Ellinas

Contagion processes are strongly linked to the network structures on which they propagate, and learning these structures is essential for understanding and intervention on complex network processes such as epidemics and (mis)information…

Social and Information Networks · Computer Science 2019-08-12 Caitlin Gray , Lewis Mitchell , Matthew Roughan

Recent research on temporal networks has highlighted the limitations of a static network perspective for our understanding of complex systems with dynamic topologies. In particular, recent works have shown that i) the specific order in…

Physics and Society · Physics 2017-11-20 Ingo Scholtes , Nicolas Wider , Antonios Garas

We study proliferation of an action in binary action network coordination games that are generalized to include global effects. This captures important aspects of proliferation of a particular action or narrative in online social networks,…

Theoretical Economics · Economics 2023-08-02 John Higgins , Tarun Sabarwal

Power grids, road maps, and river streams are examples of infrastructural networks which are highly vulnerable to external perturbations. An abrupt local change of load (voltage, traffic density, or water level) might propagate in a…

Physics and Society · Physics 2014-05-23 Enys Mones , Nuno A. M. Araújo , Tamás Vicsek , Hans J. Herrmann

Macroeconomic fluctuations and the narratives that shape them form a mutually reinforcing cycle: public discourse can spur behavioural changes leading to economic shifts, which then result in changes in the stories that propagate. We show…

Computation and Language · Computer Science 2025-02-21 Felix Drinkall , Stefan Zohren , Michael McMahon , Janet B. Pierrehumbert

Multivariate data sources with components of different information value seem to appear frequently in practice. Models in which the components change their homogeneity at different times are of significant importance. The fact whether any…

Optimization and Control · Mathematics 2020-11-04 Krzysztof Szajowski