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Extraction of interaction networks from multi-variate time-series is one of the topics of broad interest in complex systems. Although this method has a wide range of applications, most of the previous analyses have focused on the pairwise…

Physics and Society · Physics 2017-11-01 Amir Hossein Shirazi , Abbas Ali Saberi , Ali Hosseiny , Ehsan Amirzadeh , Pourya Toranj Simin

This article investigates emergence and complexity in complex systems that can share information on a network. To this end, we use a theoretical approach from information theory, computability theory, and complex networks. One key studied…

Information Theory · Computer Science 2019-03-20 Felipe S. Abrahão , Klaus Wehmuth , Artur Ziviani

Covariance matrices estimated from short, noisy, and non-Gaussian financial time series are notoriously unstable. Empirical evidence suggests that such covariance structures often exhibit power-law scaling, reflecting complex, hierarchical…

Computational Finance · Quantitative Finance 2026-01-13 Andres Garcia-Medina

In today's global economy, supply chain (SC) entities have become increasingly interconnected with demand and supply relationships due to the need for strategic outsourcing. Such interdependence among firms not only increases efficiency but…

Physics and Society · Physics 2020-11-16 Qihui Yang , Caterina Scoglio , Don Gruenbacher

Financial markets are of much interest to researchers due to their dynamic and stochastic nature. With their relations to world populations, global economies and asset valuations, understanding, identifying and forecasting trends and…

Statistical Finance · Quantitative Finance 2021-08-13 Peter Akioyamen , Yi Zhou Tang , Hussien Hussien

A large set of daily FOREX time series is analyzed. The corresponding correlation matrices (CM) are constructed for USD, EUR and PLZ used as the base currencies. The triangle rule is interpreted as constraints reducing the number of…

Physics and Society · Physics 2008-12-02 A. Z. Gorski , S. Drozdz , J. Kwapien , P. Oswiecimka

In this work, we report the preliminary analysis of the electrophysiological behavior of in vitro neuronal networks to identify when the networks are in a critical state based on the size distribution of network-wide avalanches of activity.…

Neurons and Cognition · Quantitative Biology 2019-07-31 Kristine Heiney , Ola Huse Ramstad , Ioanna Sandvig , Axel Sandvig , Stefano Nichele

We study a minimal model of traffic flows in complex networks, simple enough to get analytical results, but with a very rich phenomenology, presenting continuous, discontinuous as well as hybrid phase transitions between a free-flow phase…

Statistical Mechanics · Physics 2015-05-13 Daniele De Martino , Luca Dall'Asta , Ginestra Bianconi , Matteo Marsili

Off-chain transaction networks can mitigate the scalability issues of today's trustless electronic cash systems such as Bitcoin. However, these peer-to-peer networks also introduce a new attack surface which is not well-understood today.…

Cryptography and Security · Computer Science 2019-09-17 Saar Tochner , Stefan Schmid , Aviv Zohar

The paper presents a comprehensive causality analysis of the US stock and commodity markets during the COVID-19 crash. The dynamics of different sectors are also compared. We use Topological Data Analysis (TDA) on multidimensional…

Statistical Finance · Quantitative Finance 2025-02-21 Buddha Nath Sharma , Anish Rai , SR Luwang , Md. Nurujjaman , Sushovan Majhi

The Lightning Network (LN) has enjoyed rapid growth over recent years, and has become the most popular scaling solution for the Bitcoin blockchain. The security of the LN relies on the ability of the nodes to close a channel by settling…

Cryptography and Security · Computer Science 2024-03-21 Cosimo Sguanci , Anastasios Sidiropoulos

Crashes have fascinated and baffled many canny observers of financial markets. In the strict orthodoxy of the efficient market theory, crashes must be due to sudden changes of the fundamental valuation of assets. However, detailed empirical…

Trading and Market Microstructure · Quantitative Finance 2017-02-08 Jonathan Donier , Jean-Philippe Bouchaud

Forecasting stock and cryptocurrency prices is challenging due to high volatility and non-stationarity, influenced by factors like economic changes and market sentiment. Previous research shows that Echo State Networks (ESNs) can…

Machine Learning · Computer Science 2025-08-08 Mansi Sharma , Enrico Sartor , Marc Cavazza , Helmut Prendinger

The combination of the compactness of networks, featuring small diameters, and their complex architectures results in a variety of critical effects dramatically different from those in cooperative systems on lattices. In the last few years,…

Statistical Mechanics · Physics 2009-11-13 S. N. Dorogovtsev , A. V. Goltsev , J. F. F. Mendes

This paper provides the first empirical network analysis of the Argentine interbank money market. Its main topological features are examined applying graph theory, focusing on the unsecured overnight loans settled from 2003 to 2017. The…

Physics and Society · Physics 2021-02-17 Federico Forte

Blockchains are significantly easing trade finance, with billions of dollars worth of assets being transacted daily. However, analyzing these networks remains challenging due to the sheer volume and complexity of the data. We introduce a…

Machine Learning · Computer Science 2024-05-07 Jason Zhu , Arijit Khan , Cuneyt Gurcan Akcora

A network of coupled time-varying systems, where individual nodes are interconnected through links, is a modeling framework widely used by many disciplines. For identical nodes displaying a complex behavior known as chaos, clusters of nodes…

Chaotic Dynamics · Physics 2025-04-11 G. Tirabassi , R. de Palma Aristides , C. Masoller , D. J. Gauthier

The crowd panic and its contagion play non-negligible roles at the time of the stock crash, especially for China where inexperienced investors dominate the market. However, existing models rarely consider investors in networking stocks and…

General Finance · Quantitative Finance 2018-04-26 Shan Lu , Jichang Zhao , Huiwen Wang , Ruoen Ren

Selecting an appropriate clustering method as well as an optimal number of clusters in road accident data is at times confusing and difficult. This paper analyzes shortcomings of different existing techniques applied to cluster…

Credit networks rely on decentralized, pairwise trust relationships (channels) to exchange money or goods. Credit networks arise naturally in many financial systems, including the recent construct of payment channel networks in blockchain…

Social and Information Networks · Computer Science 2021-09-29 Vibhaalakshmi Sivaraman , Weizhao Tang , Shaileshh Bojja Venkatakrishnan , Giulia Fanti , Mohammad Alizadeh