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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

As an innovative technology for enhancing authenticity, security, and risk management, blockchain is being widely adopted in trade and finance systems. The unique capabilities of blockchain, such as immutability and transparency, enable new…

Cryptography and Security · Computer Science 2024-02-28 Hanjie Wu , Qian Yao , Zhenguang Liu , Butian Huang , Yuan Zhuang , Huayun Tang , Erwu Liu

The existence of instabilities, for example in the form of adversarial examples, has given rise to a highly active area of research concerning itself with understanding and enhancing the stability of neural networks. We focus on a popular…

Numerical Analysis · Mathematics 2025-10-28 Matthias J. Ehrhardt , Davide Murari , Ferdia Sherry

The paper analyzes the cryptocurrency ecosystem at both the aggregate and individual levels to understand the factors that impact future volatility. The study uses high-frequency panel data from 2020 to 2022 to examine the relationship…

Statistical Finance · Quantitative Finance 2024-04-09 Alessio Brini , Jimmie Lenz

The theory of complex networks and of disordered systems is used to study the stability and dynamical properties of a simple model of material flow networks defined on random graphs. In particular we address instabilities that are…

Disordered Systems and Neural Networks · Physics 2009-11-13 Kartik Anand , Tobias Galla

The rapid spread of information over social media influences quantitative trading and investments. The growing popularity of speculative trading of highly volatile assets such as cryptocurrencies and meme stocks presents a fresh challenge…

Computation and Language · Computer Science 2022-06-14 Ramit Sawhney , Shivam Agarwal , Vivek Mittal , Paolo Rosso , Vikram Nanda , Sudheer Chava

This paper contextualises the common queries of "why is crypto crashing?" and "why is crypto down?", the research transcends beyond the frequent market fluctuations to unravel how cryptocurrencies fundamentally work and the step-by-step…

Computers and Society · Computer Science 2023-09-25 Petar Radanliev

Given a natural number N, one may ask what configuration of N points on the two-sphere minimizes the discrete generalized Coulomb energy. If one applies a gradient-based numerical optimization to this problem, one encounters many…

Soft Condensed Matter · Physics 2025-07-17 Matthew Calef , Whitney Griffiths , Alexia Schulz

Due to delays in the adaptation of production or delivery rates, supply chains can be dynamically unstable with respect to perturbations in the consumption rate, which is known as "bull-whip effect". Here, we study several conceivable…

Statistical Mechanics · Physics 2009-11-10 Takashi Nagatani , Dirk Helbing

This paper studies the income fluctuation problem with capital income risk (i.e., dispersion in the rate of return to wealth). Wealth returns and labor earnings are allowed to be serially correlated and mutually dependent. Rewards can be…

Theoretical Economics · Economics 2018-12-05 Qingyin Ma , John Stachurski , Alexis Akira Toda

We study collinear relative equilibria of the planar four-vortex problem where three of the four vortex strengths are identical. The $S_3$ invariance obtained from the equality of vorticities is used to reduce the defining equations and…

Dynamical Systems · Mathematics 2019-03-06 Brian Menezes , Gareth E. Roberts

Bitcoin is the first and undoubtedly most successful cryptocurrecny to date with a market capitalization of more than 100 billion dollars. Today, Bitcoin has more than 100,000 supporting merchants and more than 3 million active users.…

Cryptography and Security · Computer Science 2019-11-19 Emmanouil Karampinakis , Michalis Pachilakis , Panagiotis Papadopoulos , Antonis Krithinakis , Evangelos P. Markatos

Collateral is an item of value serving as security for the repayment of a loan. In blockchain-based loans, cryptocurrencies serve as the collateral. The high volatility of cryptocurrencies implies a serious barrier of entry with a common…

Computers and Society · Computer Science 2023-06-21 Tom Azoulay , Uri Carl , Ori Rottenstreich

Decision making is challenging when there is more than one criterion to consider. In such cases, it is common to assign a goodness score to each item as a weighted sum of its attribute values and rank them accordingly. Clearly, the ranking…

Databases · Computer Science 2018-12-20 Abolfazl Asudeh , H. V. Jagadish , Gerome Miklau , Julia Stoyanovich

Competing bimodal coalitions among a group of actors are discussed. First, a model from political sciences is revisited. Most of the model statements are found not to be contained in the model. Second, a new coalition model is built. It…

Condensed Matter · Physics 2015-06-25 Serge Galam

Global illicit fund flows exceed an estimated $3.1 trillion annually, with stablecoins emerging as a preferred laundering medium due to their liquidity. While decentralized protocols increasingly adopt zero-knowledge proofs to obfuscate…

Cryptography and Security · Computer Science 2026-02-23 Luciano Juvinski , Haochen Li , Alessio Brini

The great influence of Bitcoin has promoted the rapid development of blockchain-based digital currencies, especially the altcoins, since 2013. However, most altcoins share similar source codes, resulting in concerns about code innovations.…

Software Engineering · Computer Science 2021-03-17 Ang Jia , Ming Fan , Xi Xu , Di Cui , Wenying Wei , Zijiang Yang , Kai Ye , Ting Liu

Digital payment schemes show an ever increasing importance. Out of the countless different schemes available this article focuses on the popular Bitcoin system. The authors provide a description of Bitcoin's unique technological basis and…

Computers and Society · Computer Science 2013-09-02 Artus Krohn-Grimberghe Christoph Sorge

Stable and efficient food markets are crucial for global food security, yet international staple food markets are increasingly exposed to complex risks, including intensified risk contagion and escalating external uncertainties. This paper…

Econometrics · Economics 2025-01-28 Yun-Shi Dai , Peng-Fei Dai , Stéphane Goutte , Duc Khuong Nguyen , Wei-Xing Zhou

Cryptocurrency markets have attracted many interest for global investors because of their novelty, wide online availability, increasing capitalization and potential profits. In the econophysics tradition we show that many of the most…

Physics and Society · Physics 2022-11-23 Noe Rodriguez-Rodriguez , Octavio Miramontes
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