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A new class of probabilistic models for cascading failure propagation in interconnected systems is proposed. The models take into account important characteristics of real systems that are not considered in existing generic approaches.…

Disordered Systems and Neural Networks · Physics 2010-03-31 Jörg Lehmann , Jakob Bernasconi

We study contagion and systemic risk in sparse financial networks with balance-sheet interactions on a directed random graph. Each institution has homogeneous liabilities and equity, and exposures along outgoing edges are split equally…

Mathematical Finance · Quantitative Finance 2026-01-08 Riley James Bendel

We consider the problem of incentivising desirable behaviours in multi-agent systems by way of taxation schemes. Our study employs the concurrent games model: in this model, each agent is primarily motivated to seek the satisfaction of a…

Computer Science and Game Theory · Computer Science 2023-07-12 David Hyland , Julian Gutierrez , Michael Wooldridge

We propose a self-organization scheme for cost-effective and load-balanced routing in multi-hop networks. To avoid overloading nodes that provide favourable routing conditions, we assign each node with a cost function that penalizes high…

Distributed, Parallel, and Cluster Computing · Computer Science 2018-08-18 Mihai-Alin Badiu , David Saad , Justin P. Coon

Information delivery in a network of agents is a key issue for large, complex systems that need to do so in a predictable, efficient manner. The delivery of information in such multi-agent systems is typically implemented through routing…

Computer Science and Game Theory · Computer Science 2016-06-27 Omer Lev , Moshe Tennenholtz , Aviv Zohar

We have conducted an agent-based simulation of chain bankruptcy. The propagation of credit risk on a network, i.e., chain bankruptcy, is the key to nderstanding largesized bankruptcies. In our model, decrease of revenue by the loss of…

General Finance · Quantitative Finance 2008-12-02 Yuichi Ikeda , Yoshi Fujiwara , Wataru Souma , Hideaki Aoyama , Hiroshi Iyetomi

Modelling how a shock propagates in a temporal network and how the system relaxes back to equilibrium is challenging but important in many applications, such as financial systemic risk. Most studies so far have focused on shocks hitting a…

General Economics · Economics 2024-07-15 Fabrizio Lillo , Giorgio Rizzini

Stochastic processes can model many emerging phenomena on networks, like the spread of computer viruses, rumors, or infectious diseases. Understanding the dynamics of such stochastic spreading processes is therefore of fundamental interest.…

Social and Information Networks · Computer Science 2019-01-07 Gerrit Großmann , Verena Wolf

Adding edges between layers of interconnected networks is an important way to optimize the spreading dynamics. While previous studies mostly focus on the case of adding a single edge, the theoretical optimal strategy for adding multiple…

Physics and Society · Physics 2019-10-09 Liming Pan , Wei Wang , Shimin Cai , Tao Zhou

In this paper, we focus on solving a distributed convex optimization problem in a network, where each agent has its own convex cost function and the goal is to minimize the sum of the agents' cost functions while obeying the network…

Optimization and Control · Mathematics 2020-02-11 Shi Pu , Wei Shi , Jinming Xu , Angelia Nedić

We introduce the class of modified Schelling games in which there are different types of agents who occupy the nodes of a location graph; agents of the same type are friends, and agents of different types are enemies. Every agent is…

Computer Science and Game Theory · Computer Science 2020-05-26 Panagiotis Kanellopoulos , Maria Kyropoulou , Alexandros A. Voudouris

Given a connected region in two-dimensional space where events of a certain kind occur according to a certain time-varying density, we consider the problem of setting up a network of autonomous mobile agents to detect the occurrence of…

Multiagent Systems · Computer Science 2016-07-05 Rodrigo R. Esch , Fábio Protti , Valmir C. Barbosa

Following Zhang and Grossi~(AAAI 2021), we study in more depth a variant of weighted voting games in which agents' weights are induced by a transitive support structure. This class of simple games is notably well suited to study the…

Computer Science and Game Theory · Computer Science 2022-01-25 Gianlorenzo D'Angelo , Esmaeil Delfaraz , Hugo Gilbert

Finding shortest paths in a given network (e.g., a computer network or a road network) is a well-studied task with many applications. We consider this task under the presence of an adversary, who can manipulate the network by perturbing its…

Social and Information Networks · Computer Science 2021-07-08 Benjamin A. Miller , Zohair Shafi , Wheeler Ruml , Yevgeniy Vorobeychik , Tina Eliassi-Rad , Scott Alfeld

Non-recurrent congestion is a major problem in traffic networks that causes unexpected delays during travels. In such a scenario, it is preferable to use adaptive paths or policies where next link decisions on reaching junctions are…

Systems and Control · Computer Science 2018-11-07 Hemant Gehlot , Satish V. Ukkusuri

Network structure plays a critical role in functionality and performance of network systems. This paper examines structural adaptivity of diffusively coupled, directed multi-agent networks that are subject to diffusion performance. Inspired…

Systems and Control · Electrical Eng. & Systems 2022-08-30 Lulu Pan , Haibin Shao , Mehran Mesbahi , Dewei Li , Yugeng Xi

We consider a weighted Shapley network design game, where selfish players choose paths in a network to minimize their cost. The cost function of each edge in the network is affine linear with respect to the sum of weights of the players who…

Computer Science and Game Theory · Computer Science 2023-12-19 Hangxin Gan , Xianhao Meng , Chunying Ren , Yongtang Shi

We investigate the effects of link deletion on a 1 - to - 1 transmission process occurring on various models of directed networks and characterize them in terms of the fraction of successful transmissions and average transmission time. We…

Physics and Society · Physics 2019-07-10 G. Kashyap , G. Ambika

Many interventions, such as vaccines in clinical trials or coupons in online marketplaces, must be assigned sequentially without full knowledge of their effects. Multi-armed bandit algorithms have proven successful in such settings.…

Machine Learning · Statistics 2026-05-07 Aidan Gleich , Eric Laber , Alexander Volfovsky

We study a problem where a group of agents has to decide how some fixed value should be shared among them. We are interested in settings where the share that each agent receives is based on how that agent is evaluated by other members of…

Computer Science and Game Theory · Computer Science 2013-06-04 Arthur Carvalho , Kate Larson