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The interconnectedness of financial institutions affects instability and credit crises. To quantify systemic risk we introduce here the PD model, a dynamic model that combines credit risk techniques with a contagion mechanism on the network…

Computational Finance · Quantitative Finance 2018-04-10 Daniele Petrone , Vito Latora

In scalable machine learning systems, model training is often parallelized over multiple nodes that run without tight synchronization. Most analysis results for the related asynchronous algorithms use an upper bound on the information…

Machine Learning · Computer Science 2022-04-12 Xuyang Wu , Sindri Magnusson , Hamid Reza Feyzmahdavian , Mikael Johansson

Once critical substations are compromised, attack agents can coordinate among their peers to plot for maximizing disruption using local control devices. For defenders, it is critical to enumerate and identify all digital relays to determine…

Signal Processing · Electrical Eng. & Systems 2018-01-26 Zhiyuan Yang , Chee-Wooi Ten

Urban rail transit often operates with high service frequencies to serve heavy passenger demand during rush hours. Such operations can be delayed by two types of congestion: train congestion and passenger congestion, both of which interact…

Systems and Control · Computer Science 2025-09-16 Toru Seo , Kentaro Wada , Daisuke Fukuda

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

For large-scale power networks, the failure of particular transmission lines can offload power to other lines and cause self-protection trips to activate, instigating a cascade of line failures. In extreme cases, this can bring down the…

Physics and Society · Physics 2018-06-08 Charles Matthews , Bradly Stadie , Jonathan Weare , Mihai Anitescu , Christopher Demarco

We study cascading failures in networks using a dynamical flow model based on simple conservation and distribution laws to investigate the impact of transient dynamics caused by the rebalancing of loads after an initial network failure…

Physics and Society · Physics 2010-05-04 Ingve Simonsen , Lubos Buzna , Karsten Peters , Stefan Bornholdt , Dirk Helbing

Investigating the network stability or synchronization dynamics of multi-agent systems with time delays is of significant importance in numerous real-world applications. Such investigations often rely on solving the transcendental…

Dynamical Systems · Mathematics 2025-01-08 Shijie Zhou , Yang Luan , Xuzhe Qian , Wei Lin

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

Causal inference provides an analytical framework to identify and quantify cause-and-effect relationships among a network of interacting agents. This paper offers a novel framework for analyzing cascading failures in power transmission…

Systems and Control · Electrical Eng. & Systems 2024-10-28 Shiuli Subhra Ghosh , Anmol Dwivedi , Ali Tajer , Kyongmin Yeo , Wesley M. Gifford

The emerging connected-vehicle technology provides a new dimension in developing more intelligent traffic control algorithms for signalized intersections in networked transportation systems. An important challenge for the scheduling problem…

Networking and Internet Architecture · Computer Science 2017-01-20 Ping-Chun Hsieh , Xi Liu , Jian Jiao , I-Hong Hou , Yunlong Zhang , P. R. Kumar

This paper presents a complex systems overview of a power grid network. In recent years, concerns about the robustness of the power grid have grown because of several cascading outages in different parts of the world. In this paper,…

Adaptation and Self-Organizing Systems · Physics 2010-06-24 Sakshi Pahwa , Amelia Hodges , Caterina Scoglio , Sean Wood

The railway timetables are designed in an optimal manner to maximize the capacity usage of the infrastructure concerning different objectives besides avoiding conflicts. The real-time railway traffic management problem occurs when the…

Optimization and Control · Mathematics 2024-10-28 László Lindenmaier , István Ferenc Lövétei , Szilárd Aradi

This paper investigates sensor scheduling for state estimation of complex networks over shared transmission channels. For a complex network of dynamical systems, referred to as nodes, a sensor network is adopted to measure and estimate the…

Systems and Control · Electrical Eng. & Systems 2023-01-12 Peihu Duan , Lidong He , Lingying Huang , Guanrong Chen , Ling Shi

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

Recent technological advances have fostered the development of complex industrial cyber-physical systems which demand real-time communication with delay guarantees. The consequences of delay requirement violation in such systems may become…

Networking and Internet Architecture · Computer Science 2020-04-15 Rutvij H. Jhaveri , Rui Tan , Arvind Easwaran , Sagar V. Ramani

We study delay-induced transitions in consensus dynamics on signed networks with a ring topology. The proposed model is formulated as a system of delay differential equations incorporating both cooperative and antagonistic interactions, as…

Dynamical Systems · Mathematics 2026-04-20 Hui Wu

The inability to see and quantify systemic financial risk comes at an immense social cost. Systemic risk in the financial system arises to a large extent as a consequence of the interconnectedness of its institutions, which are linked…

A single dynamical system with time-delayed feedback can emulate networks. This property of delay systems made them extremely useful tools for Machine Learning applications. Here we describe several possible setups, which allow emulating…

Dynamical Systems · Mathematics 2021-06-30 Florian Stelzer , Serhiy Yanchuk

To model time series accurately is important within a wide range of fields. As the world is generally too complex to be modelled exactly, it is often meaningful to assess the probability of a dynamical system to be in a specific state. This…

Machine Learning · Computer Science 2023-03-16 Mari Dahl Eggen , Alise Danielle Midtfjord
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