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This paper reviews, classifies and compares recent models for social networks that have mainly been published within the physics-oriented complex networks literature. The models fall into two categories: those in which the addition of new…

Physics and Society · Physics 2008-12-24 Riitta Toivonen , Lauri Kovanen , Mikko Kivelä , Jukka-Pekka Onnela , Jari Saramäki , Kimmo Kaski

We study a model for a statistical network formed by interactions between its nodes and links. Each node can be in one of two states (Ising spin up or down) and the node-link interaction facilitates linking between the like nodes. For high…

Statistical Mechanics · Physics 2009-11-11 A. E. Allahverdyan , K. G. Petrosyan

Opinions and beliefs determine the evolution of social systems. This is of particular interest in finance, as the increasing complexity of financial systems is coupled with information overload. Opinion formation, therefore, is not always…

General Finance · Quantitative Finance 2014-08-05 Marco D'Errico , Gulnur Muradoglu , Silvana Stefani , Giovanni Zambruno

The evolution of existing transportation systems,mainly driven by urbanization and increased availability of mobility options, such as private, profit-maximizing ride-hailing companies, calls for tools to reason about their design and…

Financial and economic history is strewn with bubbles and crashes, booms and busts, crises and upheavals of all sorts. Understanding the origin of these events is arguably one of the most important problems in economic theory. In this…

Statistical Mechanics · Physics 2015-06-11 Jean-Philippe Bouchaud

We introduce a heterogeneous connection model for network formation to capture the effect of cost heterogeneity on the structure of efficient networks. In the proposed model, connection costs are assumed to be separable, which means the…

Economics · Quantitative Finance 2015-12-14 Babak Heydari , Mohsen Mosleh , Kia Dalili

Models of dynamic networks --- networks that evolve over time --- have manifold applications. We develop a discrete-time generative model for social network evolution that inherits the richness and flexibility of the class of…

Methodology · Statistics 2015-03-24 Pavel N. Krivitsky , Mark S. Handcock

Many societies are organized in networks that are formed by people who meet and interact over time. In this paper, we present a first model to capture the micro-foundations of social networks evolution, where boundedly rational agents of…

Social and Information Networks · Computer Science 2015-08-17 Ahmed M. Alaa , Kartik Ahuja , Mihaela van der Schaar

Recent research in industrial organisation has investigated the essential place that middlemen have in the networks that make up our global economy. In this paper we attempt to understand how such middlemen compete with each other through a…

Computer Science and Game Theory · Computer Science 2013-10-15 Robert P. Gilles , Dimitrios Diamantaras

Repeated small dynamic networks are integral to studies in evolutionary game theory, where networked public goods games offer novel insights into human behaviors. Building on these findings, it is necessary to develop a statistical model…

Applications · Statistics 2025-11-26 Hiroyasu Ando , Akihiro Nishi , Mark S. Handcock

Homophily, the tendency of individuals who are alike to form ties with one another, is an important concept in the study of social networks. Yet accounting for homophily effects is complicated in the context of bipartite networks where ties…

Social and Information Networks · Computer Science 2023-12-12 Rashmi P. Bomiriya , Alina R. Kuvelkar , David R. Hunter , Steffen Triebel

In many epidemiological and ecological contexts, there is a trade-off between infections and interactions. This arises because the links between individuals capable of spreading infections are also often associated with beneficial…

Physics and Society · Physics 2025-04-04 Bunlang Thatchai , Christopher E. Overton , Thomas House

Link prediction appears as a central problem of network science, as it calls for unfolding the mechanisms that govern the micro-dynamics of the network. In this work, we are interested in ego-networks, that is the mere information of…

Social and Information Networks · Computer Science 2015-12-16 Lionel Tabourier , Anne-Sophie Libert , Renaud Lambiotte

We show how different approaches to developing marketing strategies depending on the type of environment a firm faces, where environments are distinguished in terms of their systems properties not their context. Particular emphasis is given…

General Finance · Quantitative Finance 2012-05-29 Ian Wilkinson , Louise Young

Previous network models have imagined that connections change to promote structural balance, or to reflect hierarchies. We propose a model where agents adjust their connections to appear credible to an external observer. In particular, we…

Social and Information Networks · Computer Science 2019-06-05 Joel Nishimura , Oscar Goodloe

We present a model of an economy inspired by individual based model approaches in evolutionary ecology. We demonstrate that evolutionary dynamics in a space of companies interconnected through a correlated interaction matrix produces time…

General Finance · Quantitative Finance 2015-06-05 Juan David Robalino , Henrik Jeldtoft Jensen

The level of systemic risk in economic and financial systems is strongly determined by the structure of the underlying networks of interdependent entities that can propagate shocks and stresses. Since changes in network structure imply…

Causal inference has traditionally focused on interventions at the unit level. In many applications, however, the central question concerns the causal effects of connections between units, such as transportation links, social relationships,…

Methodology · Statistics 2026-01-13 Shuli Chen , Jie Hu , Zhichao Jiang

Complex networks are a great tool for simulating the outcomes of different strategies used within the iterated prisoners' dilemma game. However, because the strategies themselves rely on the connection between nodes, then initial network…

Physics and Society · Physics 2022-08-30 Louis Zhao , Chen Ye Gan , Minglu Zhao

We examine the global organization of heterogeneous equilibrium networks consisting of a number of well distinguished interconnected parts--``communities'' or modules. We develop an analytical approach allowing us to obtain the statistics…

Statistical Mechanics · Physics 2009-11-13 S. N. Dorogovtsev , J. F. F. Mendes , A. N. Samukhin , A. Y. Zyuzin