Related papers: Complexity science approach to economic crime
This paper discusses serious drawbacks of existing knowledge in macroeconomics and finance in explaining and predicting economic and financial phenomena. Complexity science is proposed as an alternative approach to be used in order to…
Often, corruption is described as taking place within or supported by a network: A collection of individuals structured in such a way as to enable the transaction of bribes for favors. Surprisingly, despite the network nomenclature,…
Corruption studies must evolve to match the complexity of the modern world. Here, we present three main problems in corruption analysis that need to be address: the complexity of the corruption phenomenon itself and its context, the…
Studying corruption presents unique challenges. Recent work in the spirit of computational social science exploits newly available data and methods to give a fresh perspective on this important topic. In this chapter we highlight some of…
We discuss models and data of crowd disasters, crime, terrorism, war and disease spreading to show that conventional recipes, such as deterrence strategies, are often not effective and sufficient to contain them. Many common approaches do…
Recent research has shown that criminal networks have complex organizational structures, but whether this can be used to predict static and dynamic properties of criminal networks remains little explored. Here, by combining graph…
Classic economic science is reaching the limits of its explanatory powers. Complexity science uses an increasingly larger set of different methods to analyze physical, biological, cultural, social, and economic factors, providing a broader…
In recent years, methods from network science are gaining rapidly interest in economics and finance. A reason for this is that in a globalized world the interconnectedness among economic and financial entities are crucial to understand and…
Analysis of criminal networks is inherently difficult because of the nature of the topic. Criminal networks are covert and most of the information is not publicly available. This leads to small datasets available for analysis. The available…
What is a complex network? How do we characterize complex networks? Which systems can be studied from a network approach? In this text, we motivate the use of complex networks to study and understand a broad panoply of systems, ranging from…
This chapter reviews key contributions of complexity science to the study of systemic risk in financial systems. The focus is on network models of financial contagion, where I explore various mechanisms of shock propagation, such as…
Economies are complex man-made systems where organisms and markets interact according to motivations and principles not entirely understood yet. The increasing dissatisfaction with the postulates of traditional economics i.e. perfectly…
Network analysis is currently used in a myriad of contexts: from identifying potential drug targets to predicting the spread of epidemics and designing vaccination strategies, and from finding friends to uncovering criminal activity.…
Network theory provides tools which are particularly appropriate for assessing the complex interdependencies that characterise our modern connected world. This article presents an introduction to network theory, in a way that doesn't…
Complex networks are nowadays employed in several applications. Modeling urban street networks is one of them, and in particular to analyze criminal aspects of a city. Several research groups have focused on such application, but until now,…
The success of new scientific areas can be assessed by their potential for contributing to new theoretical approaches and in applications to real-world problems. Complex networks have fared extremely well in both of these aspects, with…
The science of complex networks is a new interdisciplinary branch of science which has arisen recently on the interface of physics, biology, social and computer sciences, and others. Its main goal is to discover general laws governing the…
Certain crimes are hardly committed by individuals but carefully organised by group of associates and affiliates loosely connected to each other with a single or small group of individuals coordinating the overall actions. A common starting…
The study of criminal networks using traces from heterogeneous communication media is acquiring increasing importance in nowadays society. The usage of communication media such as phone calls and online social networks leaves digital traces…
While "complexity science" has achieved significant successes in several interdisciplinary fields such as economics and biology, it is only a very recent observation that legal systems -- from the way legal texts are drafted and connected…