Production networks and failure avalanches
物理与社会
2008-12-02 v1 统计力学
综合金融
摘要
Although standard economics textbooks are seldom interested in production networks, modern economies are more and more based upon suppliers/customers interactions. One can consider entire sectors of the economy as generalised supply chains. We will take this view in the present paper and study under which conditions local failures to produce or simply to deliver can result in avalanches of shortage and bankruptcies across the network. We will show that a large class of models exhibit scale free distributions of production and wealth among firms and that metastable regions of high production are highly localised.
引用
@article{arxiv.physics/0507101,
title = {Production networks and failure avalanches},
author = {Gerard Weisbuch and Stefano Battiston},
journal= {arXiv preprint arXiv:physics/0507101},
year = {2008}
}