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Related papers: Production networks and failure avalanches

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Understanding the structure and formation of networks is a central topic in complexity science. Economic networks are formed by decisions of individual agents and thus not properly described by established random graph models. In this…

Physics and Society · Physics 2023-08-10 Chengyuan Han , Malte Schröder , Dirk Witthaut , Philipp C. Böttcher

The instability introduced in a large scale-free network by the triggering of node-breaking avalanches is analyzed using the fiber-bundle model as conceptual framework. We found, by measuring the size of the giant component, the avalanche…

Statistical Mechanics · Physics 2016-08-16 Y. Moreno , J. B. Gómez , A. F. Pacheco

Heterogeneous materials are often organized in a hierarchical manner, where a basic unit is repeated over multiple scales.The structure then acquires a self-similar pattern. Examples of such structure are found in various biological and…

Statistical Mechanics · Physics 2019-08-28 Soumyajyoti Biswas , Michael Zaiser

Many critical infrastructure systems have network structure and are under stress. Despite their national importance, the complexity of large-scale transport networks means we do not fully understand their vulnerabilities to cascade…

Maximizing robustness and minimizing cost are common objectives in the design of infrastructure networks. However, most infrastructure networks evolve and operate in a highly decentralized fashion, which may significantly impact the…

Physics and Society · Physics 2008-05-29 Dong-Hee Kim , Adilson E. Motter

We describe a new complex system model of an evolving production economy. This model is the simplest we can envisage which incorporates the new observation that the rate of an economic production process depends only on the minimum of its…

Adaptation and Self-Organizing Systems · Physics 2007-05-23 A. Ponzi , A. Yasutomi , K. Kaneko

We review recent results on the dynamics of social networks which suggest that the interplay between the network formation process and volatility may lead to the occurrence of discontinuous phase transitions and phase coexistence in a large…

Physics and Society · Physics 2009-11-11 George C. M. A. Ehrhardt , Matteo Marsili , Fernando Vega-Redondo

We develop a theoretical framework to investigate the link between rising scale economies and stagnating productivity. Our model features heterogeneous firms, imperfect competition, and firm selection. We demonstrate that scale economies…

General Economics · Economics 2026-02-04 Joel Kariel , Anthony Savagar

Supply Chain operation is an integrated business process starting from primary supplier to end user and the process produce products, services and information. A successful chain will explore technology, lean operations, and quality…

Other Computer Science · Computer Science 2011-11-04 Bidyut Biman Sarkar , Sugata Sanyal , Nabendu Chaki

We introduce a toy model displaying the avalanche dynamics of failure in scale-free networks. In the model, the network growth is based on the Barab\'asi and Albert model and each node is assigned a capacity or tolerance, which is constant…

Statistical Mechanics · Physics 2007-05-23 K. Rho , S. R. Hong , B. Kahng

There is empirical evidence from a range of disciplines that as the connectivity of a network increases, we observe an increase in the average fitness of the system. But at the same time, there is an increase in the proportion of…

Adaptation and Self-Organizing Systems · Physics 2009-11-11 Paul Ormerod , Rich Colbaugh

Distress propagation occurs in connected networks, its rate and extent being dependent on network topology. To study this, we choose economic production networks as a paradigm. An economic network can be examined at many levels: linkages…

Physics and Society · Physics 2021-02-03 Ashish Kumar , Anindya S. Chakrabarti , Anirban Chakraborti , Tushar Nandi

Development of network economy changes the institutional maintenance of economic relations. On change to traditional channels of distribution virtual networks of distribution of production come. In article features and mechanisms of…

Computers and Society · Computer Science 2015-05-14 Mikhail Kaluzhsky

In economic systems, the mix of products that countries make or export has been shown to be a strong leading indicator of economic growth. Hence, methods to characterize and predict the structure of the network connecting countries to the…

Physics and Society · Physics 2015-06-04 Sebastian Bustos , Charles Gomez , Ricardo Hausmann , Cesar A. Hidalgo

Networks in nature do not act in isolation but instead exchange information, and depend on each other to function properly. An incipient theory of Networks of Networks have shown that connected random networks may very easily result in…

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…

General Economics · Economics 2024-01-25 Ambra Amico , Luca Verginer , Giona Casiraghi , Giacomo Vaccario , Frank Schweitzer

This paper investigates the endogenous formation of supply chains and its consequences for disruption propagation. In production networks where upstream risk is highly correlated and supplier relationships are not observable, the marginal…

Theoretical Economics · Economics 2024-05-24 Andrea Titton

We discuss the threshold activated extremal dynamics that is prevalent in the breakdown processes in heterogeneous materials. We model such systems by an elastic spring network with random breaking thresholds assigned to the springs.…

Statistical Mechanics · Physics 2007-05-23 Purusattam Ray

Countries participate in global value chains by engaging in backward and forward transactions connecting multiple geographically dispersed production stages. Inspired by network theory, we model global trade as a multilayer network and…

Physics and Society · Physics 2021-12-14 Luiz G. A. Alves , Giuseppe Mangioni , Francisco A. Rodrigues , Pietro Panzarasa , Yamir Moreno

Global supply networks in agriculture, manufacturing, and services are a defining feature of the modern world. The efficiency and the distribution of surpluses across different parts of these networks depend on choices of intermediaries.…

General Finance · Quantitative Finance 2019-06-05 Felipe M. Cardoso , Carlos Gracia-Lazaro , Frederic Moisan , Sanjeev Goyal , Angel Sanchez , Yamir Moreno
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