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We derive the default cascade model and the fire-sale spillover model in a unified interdependent framework. The interactions among banks include not only direct cross-holding, but also indirect dependency by holding mutual assets outside…

Risk Management · Quantitative Finance 2022-10-11 William A. Barnett , Xue Wang , Hai-Chuan Xu , Wei-Xing Zhou

Recent studies increasingly adopt simulation-based machine learning (ML) models to analyze critical infrastructure system resilience. For realistic applications, these ML models consider the component-level characteristics that influence…

Machine Learning · Computer Science 2022-05-09 Srijith Balakrishnan , Beatrice Cassottana , Arun Verma

The problem of cascading failures in cyber-physical systems is drawing much attention in lieu of different network models for a diverse range of applications. While many analytic results have been reported for the case of large networks,…

Social and Information Networks · Computer Science 2014-10-15 Ali Eslami , Chuan Huang , Junshan Zhang , Shuguang Cui

Recently, there has been a growing concern about the overload status of the power grid networks, and the increasing possibility of cascading failures. Many researchers have studied these networks to provide design guidelines for more robust…

Physics and Society · Physics 2012-12-27 Sakshi Pahwa , Caterina Scoglio , Noel Schulz

Identifying drawbacks or insufficiencies in terms of safety is important also in early development stages of safety critical systems. In industry, development artefacts such as components or units, are often reused from existing artefacts…

Software Engineering · Computer Science 2021-06-03 Kai Hoefig , Marc Zeller , Reiner Heilmann

Nowadays, the consequences of failure and downtime of distributed systems have become more and more severe. As an obvious solution, these systems incorporate protection mechanisms to tolerate faults that could cause systems failures and…

Distributed, Parallel, and Cluster Computing · Computer Science 2015-02-19 Andrey A. Shchurov , Radek Marik

Instilling resilience in critical infrastructure (CI) such as dams or power grids is a major challenge for tomorrow's cities and communities. Resilience, here, pertains to a CI's ability to adapt or rapidly recover from disruptive events.…

Optimization and Control · Mathematics 2017-09-04 AbdelRahman Eldosouky , Walid Saad , Narayan Mandayam

We study the influence of clustering, more specifically triangles, on cascading failures in interdependent networks or systems, in which we model the dependence between comprising systems using a dependence graph. First, we propose a new…

Physics and Society · Physics 2018-02-13 Richard J. La

The understanding of cascading failures in complex systems has been hindered by the lack of realistic large-scale modeling and analysis that can account for variable system conditions. Here, using the North American power grid, we identify,…

Physics and Society · Physics 2018-04-23 Yang Yang , Takashi Nishikawa , Adilson E. Motter

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

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

Cascading failures in power grids can lead to grid collapse, causing severe disruptions to social operations and economic activities. In certain cases, multi-stage cascading failures can occur. However, existing cascading-failure-mitigation…

Artificial Intelligence · Computer Science 2025-05-15 Bo Meng , Chenghao Xu , Yongli Zhu

Cascading failures, triggered by a local perturbation, can be catastrophic and cause irreparable damages in a wide area. Hence, blocking the devastating cascades is an important issue in real world networks. One of the ways to control the…

Physics and Society · Physics 2024-06-28 Davood Fazli , Mozhgan Khanjanianpak , Nahid Azimi-Tafreshi

The increasing complexity of cascading risks in urban systems necessitates robust, data-driven frameworks to model interdependencies across multiple domains. This study presents a foundational Bayesian network-based approach for analyzing…

We study a cascading edge failure mechanism on a connected random graph with a prescribed degree sequence, sampled using the configuration model. This mechanism prescribes that every edge failure puts an additional strain on the remaining…

Probability · Mathematics 2023-07-18 Fiona Sloothaak , Lorenzo Federico

Current network models assume one type of links to define the relations between the network entities. However, many real networks can only be correctly described using two different types of relations. Connectivity links that enable the…

Data Analysis, Statistics and Probability · Physics 2015-05-20 Roni Parshani , Sergey V. Buldyrev , Shlomo Havlin

Perturbed by natural hazards, community-level infrastructure networks operate like many-body systems, with behaviors emerging from coupling individual component dynamics with group correlations and interactions. It follows that we can…

Applications · Statistics 2023-10-30 Xiaolei Chu , Ziqi Wang

Many man-made networks support each other to provide efficient services and resources to the customers, despite that this support produces a strong interdependency between the individual networks. Thus an initial failure of a fraction $1-p$…

Physics and Society · Physics 2014-02-11 L. D. Valdez , P. A. Macri , L. A. Braunstein

In network systems, a local perturbation can amplify as it propagates, potentially leading to a large-scale cascading failure. Here we derive a continuous model to advance our understanding of cascading failures in power-grid networks. The…

Physics and Society · Physics 2017-12-18 Yang Yang , Adilson E. Motter

Critical infrastructure is not indestructible. Threats, both emergent and systemic, have propagated beyond historical norms that risk mitigation efforts alone cannot alleviate. Interdependencies between infrastructural systems compound…