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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

We study cascades on a two-layer multiplex network, with asymmetric feedback that depends on the coupling strength between the layers. Based on an analytical branching process approximation, we calculate the systemic risk measured by the…

Physics and Society · Physics 2017-01-24 Rebekka Burkholz , Matt V. Leduc , Antonios Garas , Frank Schweitzer

Electrical power grids are vulnerable to cascading failures that can lead to large blackouts. Detection and prevention of cascading failures in power grids is impor- tant. Currently, grid operators mainly monitor the state (loading level)…

Physics and Society · Physics 2015-07-20 Martijn Warnier , Stefan Dulman , Yakup Koç , Eric Pauwels

Many real-world multilayer systems such as critical infrastructure are interdependent and embedded in space with links of a characteristic length. They are also vulnerable to localized attacks or failures, such as terrorist attacks or…

Physics and Society · Physics 2017-08-08 Dana Vaknin , Michael M. Danziger , Shlomo Havlin

Hierarchical latent class (HLC) models are tree-structured Bayesian networks where leaf nodes are observed while internal nodes are latent. There are no theoretically well justified model selection criteria for HLC models in particular and…

Artificial Intelligence · Computer Science 2011-07-04 T. Kocka , N. L. Zhang

Information cascades are ubiquitous in various social networking web sites. What mechanisms drive information diffuse in the networks? How does the structure and size of the cascades evolve in time? When and which users will adopt a certain…

Social and Information Networks · Computer Science 2015-12-29 Tao Wu , Leiting Chen , Xingping Xian , Yuxiao Guo

Cascading failures triggered by trivial initial events are encountered in many complex systems. It is the interaction and coupling between components of the system that causes cascading failures. We propose a simple model to simulate…

Physics and Society · Physics 2014-01-07 Junjian Qi , Shengwei Mei

Cascading failures represent a fundamental threat to the integrity of complex systems, often precipitating a comprehensive collapse across diverse infrastructures and financial networks. This research articulates a robust and pragmatic…

Adaptation and Self-Organizing Systems · Physics 2024-06-28 Karan Singh , V. K. Chandrasekar , D. V. Senthilkumar

Interdependent networks are characterized by two kinds of interactions: The usual connectivity links within each network and the dependency links coupling nodes of different networks. Due to the latter links such networks are known to…

Physics and Society · Physics 2015-06-18 Marcell Stippinger , János Kertész

Message-passing methods provide a powerful approach for calculating the expected size of cascades either on random networks (e.g., drawn from a configuration-model ensemble or its generalizations) asymptotically as the number $N$ of nodes…

Physics and Society · Physics 2024-01-31 James P. Gleeson , Mason A. Porter

When dealing with spreading processes on networks it can be of the utmost importance to test the reliability of data and identify potential unobserved spreading paths. In this paper we address these problems and propose methods for hidden…

Physics and Society · Physics 2021-08-18 Łukasz G. Gajewski , Jan Chołoniewski , Mateusz Wilinski

Clustering analysis is of substantial significance for data mining. The properties of big data raise higher demand for more efficient and economical distributed clustering methods. However, existing distributed clustering methods mainly…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-07-03 Yifeng Xiao , Jiang Xue , Deyu Meng

We present a cascading failure model of two interdependent networks in which functional nodes belong to components of size greater than or equal to $s$. We find theoretically and via simulation that in complex networks with random…

Physics and Society · Physics 2016-10-17 M. A. Di Muro , S. V. Buldyrev , H. E. Stanley , L. A. Braunstein

Cascading failure of a power transmission system are initiated by an exogenous event that disable a set of elements (e.g., lines) followed by a sequence of interrelated failures (or more precisely, trips) of overloaded elements caused by…

Optimization and Control · Mathematics 2015-07-21 Daniel Bienstock , Guy Grebla

Interdependencies are ubiquitous throughout the world. Every real-world system interacts with and is dependent on other systems, and this interdependency affects their performance. In particular, interdependencies among networks make them…

Physics and Society · Physics 2018-07-18 Cristian E. La Rocca , H. Eugene Stanley , Lidia A. Braunstein

The availability of a wide range of large language models (LLMs) embedded in various agentic systems has significantly increased the potential of model selection strategies to improve the cost-performance tradeoff. Existing strategies…

Computation and Language · Computer Science 2025-05-23 Jasper Dekoninck , Maximilian Baader , Martin Vechev

Cascades are self-reinforcing processes underlying the systemic risk of many complex systems. Understanding the universal aspects of these phenomena is of fundamental interest, yet typically bound to numerical observations in ad-hoc models…

Disordered Systems and Neural Networks · Physics 2024-04-16 I. Bonamassa , B. Gross , J. Kertész , S. Havlin

The prediction of information diffusion or cascade has attracted much attention over the last decade. Most cascade prediction works target on predicting cascade-level macroscopic properties such as the final size of a cascade. Existing…

Social and Information Networks · Computer Science 2018-12-24 Cheng Yang , Maosong Sun , Haoran Liu , Shiyi Han , Zhiyuan Liu , Huanbo Luan

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

With the sharp increase of power demand, large-scale blackouts in power grids occur frequently around the world. Cascading failures are the main causes of network outages. Therefore, revealing the complicated cascade mechanism in grids is…

Systems and Control · Electrical Eng. & Systems 2019-07-31 Yubo Huang , Junguo Lu , Weidong Zhang