58,917 research outputs found
Systemic risk assessment through high order clustering coefficient
In this article we propose a novel measure of systemic risk in the context of
financial networks. To this aim, we provide a definition of systemic risk which
is based on the structure, developed at different levels, of clustered
neighbours around the nodes of the network. The proposed measure incorporates
the generalized concept of clustering coefficient of order of a node
introduced in Cerqueti et al. (2018). Its properties are also explored in terms
of systemic risk assessment. Empirical experiments on the time-varying global
banking network show the effectiveness of the presented systemic risk measure
and provide insights on how systemic risk has changed over the last years, also
in the light of the recent financial crisis and the subsequent more stringent
regulation for globally systemically important banks.Comment: Submitte
Complex networks analysis in socioeconomic models
This chapter aims at reviewing complex networks models and methods that were
either developed for or applied to socioeconomic issues, and pertinent to the
theme of New Economic Geography. After an introduction to the foundations of
the field of complex networks, the present summary adds insights on the
statistical mechanical approach, and on the most relevant computational aspects
for the treatment of these systems. As the most frequently used model for
interacting agent-based systems, a brief description of the statistical
mechanics of the classical Ising model on regular lattices, together with
recent extensions of the same model on small-world Watts-Strogatz and
scale-free Albert-Barabasi complex networks is included. Other sections of the
chapter are devoted to applications of complex networks to economics, finance,
spreading of innovations, and regional trade and developments. The chapter also
reviews results involving applications of complex networks to other relevant
socioeconomic issues, including results for opinion and citation networks.
Finally, some avenues for future research are introduced before summarizing the
main conclusions of the chapter.Comment: 39 pages, 185 references, (not final version of) a chapter prepared
for Complexity and Geographical Economics - Topics and Tools, P.
Commendatore, S.S. Kayam and I. Kubin Eds. (Springer, to be published
Graph analysis of functional brain networks: practical issues in translational neuroscience
The brain can be regarded as a network: a connected system where nodes, or
units, represent different specialized regions and links, or connections,
represent communication pathways. From a functional perspective communication
is coded by temporal dependence between the activities of different brain
areas. In the last decade, the abstract representation of the brain as a graph
has allowed to visualize functional brain networks and describe their
non-trivial topological properties in a compact and objective way. Nowadays,
the use of graph analysis in translational neuroscience has become essential to
quantify brain dysfunctions in terms of aberrant reconfiguration of functional
brain networks. Despite its evident impact, graph analysis of functional brain
networks is not a simple toolbox that can be blindly applied to brain signals.
On the one hand, it requires a know-how of all the methodological steps of the
processing pipeline that manipulates the input brain signals and extract the
functional network properties. On the other hand, a knowledge of the neural
phenomenon under study is required to perform physiological-relevant analysis.
The aim of this review is to provide practical indications to make sense of
brain network analysis and contrast counterproductive attitudes
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