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Supply chain disruption can occur for a variety of reasons, including natural disasters or market dynamics for which resilient strategies should be designed. If the disruption is profound and with dire consequences for the economy, it calls…
The interdependent nature of the global economy has become stronger with increases in international trade and investment. We propose a new model to reconstruct the international trade network and associated cost network by maximizing…
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…
Many countries are rapidly adopting electric vehicles (EVs) due to their meager running cost and environment-friendly nature. EVs are likely to dominate the internal combustion (IC) engine cars entirely over the next few years. With the…
With the large-scale integration of electric vehicles (EVs) in the distribution grid, the unpredictable nature of EV charging introduces considerable uncertainties to the grid's real-time operations. This can exacerbate load fluctuations,…
Since several years, the fragility of global supply chains (GSCs) is at historically high levels. In the same time, the landscape of hybrid threats is expanding; new forms of hybrid threats create different types of uncertainties. This…
Trade networks, across which countries distribute their products, are crucial components of the globalized world economy. Their structure is strongly heterogeneous across products, given the different features of the countries which buy and…
Supply chain disruptions cause shortages of raw material and products. To increase resilience, i.e., the ability to cope with shocks, substituting goods in established supply chains can become an effective alternative to creating new…
Global financial systems are undergoing strategic shifts as geopolitical tensions reshape international trade and payments. The United States (US)-China trade war, sanctions regimes, and rising concerns over the weaponization of financial…
Electric Vehicles (EVs) are projected to be one of the major contributors to energy transition in the global transportation due to their rapid expansion. The EVs will play a vital role in achieving a sustainable transportation system by…
While the transition to electric vehicles (EVs) is essential for decarbonizing the transportation system, the production and distribution of EVs entail substantial carbon costs. To ensure these emissions are accurately accounted for and…
Electric vehicles (EVs) have emerged as a pivotal solution to reduce greenhouse gas emissions paving a pathway to net zero. As the adoption of EVs continues to grow, countries are proactively formulating systematic plans for nationwide…
The anticipated widespread adoption of electric vehicles (EVs) necessitates a critical evaluation of existing power distribution infrastructures, as EV integration imposes additional stress on distribution networks that can lead to…
The rapid increase in Electric Vehicle (EV) adoption provides a promising solution for reducing carbon emissions and fossil fuel dependency in transportation systems. However, the increasing numbers of EVs pose significant challenges to the…
Driven by growing concerns over air quality and energy security, electric vehicles (EVs) has experienced rapid development and are reshaping global transportation systems and lifestyle patterns. Compared to traditional gasoline-powered…
This study investigates the inherently random structures of dry bulk shipping networks, often likened to a taxi service, and identifies the underlying trade dynamics that contribute to this randomness within individual cargo sub-networks.…
Supply chains are the backbone of the global economy. Disruptions to them can be costly. Centrally managed supply chains invest in ensuring their resilience. Decentralized supply chains, however, must rely upon the self-interest of their…
Reliance on third-party libraries is now commonplace in contemporary software engineering. Being open source in nature, these libraries should advocate for a world where the freedoms and opportunities of open source software can be enjoyed…
Global warming leads the world to think of a different way of transportation: avoiding internal combustion engines and electrifying the transportation sector. With a high penetration of electric vehicle (EV) charging stations on an existing…
The electricity industry is heavily implementing smart grid technologies to improve reliability, availability, security, and efficiency. This implementation needs technological advancements, the development of standards and regulations, as…