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This work proposes action networks as a semantically well-founded framework for reasoning about actions and change under uncertainty. Action networks add two primitives to probabilistic causal networks: controllable variables and persistent…

Artificial Intelligence · Computer Science 2013-02-28 Adnan Darwiche , Moises Goldszmidt

Supply chain network is critical to serving customers, so the most common practices are to determine the number, location, and capacity of facilities. But at the same time, uncertainties and risks must be taken into account in order to…

Physics and Society · Physics 2022-01-19 Khadija Ait Mamoun , Lamia Hammadi , Abdessamad El Ballouti , Eduardo Souza De Cursi

The dynamics of collaboration networks of firms follow a life-cycle of growth and decline. That does not imply they also become less resilient. Instead, declining collaboration networks may still have the ability to mitigate shocks from…

Physics and Society · Physics 2021-02-24 Frank Schweitzer , Giona Casiraghi , Mario V. Tomasello , David Garcia

We develop a new framework for modeling innovation networks which evolve over time. The nodes in the network represent firms, whereas the directed links represent unilateral interactions between the firms. Both nodes and links evolve…

Physics and Society · Physics 2007-12-18 Michael D. Koenig , Stefano Battiston , Frank Schweitzer

I study the role of industries' position in supply chains in shaping the transmission of final demand shocks. First, I use a novel shift-share design leveraging destination-specific final demand shocks and a new measure of destination…

General Economics · Economics 2025-04-08 Alessandro Ferrari

The energy system studies include a wide range of issues from short term (e.g. real-time, hourly, daily and weekly operating decisions) to long term horizons (e.g. planning or policy making). The decision making chain is fed by input…

Systems and Control · Electrical Eng. & Systems 2019-11-26 Alireza Soroudi , Turaj Amraee

One 'problem' with the 21st century world, particularly the economic and business worlds, is the phenomenal and increasing number of interconnections between economic agents (consumers, firms, banks, markets, national economies). This…

Computational Engineering, Finance, and Science · Computer Science 2012-08-28 Paolo Magrassi

Robust optimization methods have shown practical advantages in a wide range of decision-making applications under uncertainty. Recently, their efficacy has been extended to multi-period settings. Current approaches model uncertainty either…

Optimization and Control · Mathematics 2022-02-23 Omid Nohadani , Kartikey Sharma

During a financial crisis, the capital markets network frequently exhibits a high correlation between returns. We developed a network analysis framework based on daily returns from 42 countries to determine systemic stability. Our network…

Dynamical Systems · Mathematics 2022-01-06 Supanat Kamtue , Pongsak Luangaram , Sirawit Woramongkhon

This paper examines the pricing of short-term and long-term dynamic network risk in the cross-section of stock returns. Stocks with high sensitivities to dynamic network risk earn lower returns. We rationalize our finding with economic…

General Finance · Quantitative Finance 2020-07-14 Jozef Barunik , Michael Ellington

Material flow analyses (MFAs) provide insight into supply chain level opportunities for resource efficiency. MFAs can be represented as networks with nodes that represent materials, processes, sectors or locations. MFA network structure…

Applications · Statistics 2025-05-08 Jiankan Liao , Xun Huan , Daniel Cooper

This study examines the network of supply and use of significant innovations across industries in Sweden, 1970-2013. It is found that 30% of innovation patterns can be predicted by network stimulus from backward and forward linkages. The…

General Economics · Economics 2021-02-12 Josef Taalbi

Physical concepts developed to describe instabilities in traffic flows can be generalized in a way that allows one to understand the well-known instability of supply chains (the so-called ``bullwhip effect''). That is, small variations in…

Statistical Mechanics · Physics 2007-05-23 Dirk Helbing

Networks are structures that pervade many natural and man-made phenomena. Recent findings have characterized many networks as not random structures, but as efficent complex formations. Current research has examined complex networks as…

Disordered Systems and Neural Networks · Physics 2007-05-23 Sean P. Gorman , Rajendra Kulkarni

Risk and uncertainty in each stage of CLSC have greatly increased the complexity and reduced process efficiency of the closed-loop networks, impeding the sustainable and resilient development of industries and the circular economy.…

General Economics · Economics 2023-06-09 Yang Hu

While great emphasis has been placed on the role of social interactions as driver of innovation growth, very few empirical studies have explicitly investigated the impact of social network structures on the innovation performance of cities.…

Physics and Society · Physics 2019-11-04 Moreno Bonaventura , Luca Maria Aiello , Daniele Quercia , Vito Latora

Network structure strongly constrains the range of dynamic behaviors available to a complex system. These system dynamics can be classified based on their response to perturbations over time into two distinct regimes, ordered or chaotic,…

Disordered Systems and Neural Networks · Physics 2009-11-13 Matti Nykter , Nathan D. Price , Antti Larjo , Tommi Aho , Stuart A. Kauffman , Olli Yli-Harja , Ilya Shmulevich

Trade networks, across which countries distribute their products, are crucial components of the globalized world economy. Their structure is strongly heterogeneous across products, given the different features of the countries which buy and…

Physics and Society · Physics 2019-01-09 Carlo Piccardi , Lucia Tajoli

The "social-networking revolution" of late (e.g., with the advent of social media, Facebook, and the like) has been propelling the crusade to elucidate the embedded networks that underlie economic activity. An unexampled synthesis of…

Adaptation and Self-Organizing Systems · Physics 2012-09-26 Dranreb Earl Juanico

Many problems in industry --- and in the social, natural, information, and medical sciences --- involve discrete data and benefit from approaches from subjects such as network science, information theory, optimization, probability, and…

Social and Information Networks · Computer Science 2018-08-08 Mason A. Porter , Sam D. Howison