Modeling the Internet of Things: a simulation perspective

This paper deals with the problem of properly simulating the Internet of Things (IoT). Simulating an IoT allows evaluating strategies that can be employed to deploy smart services over different kinds of territories. However, the heterogeneity of scenarios seriously complicates this task. This imposes the use of sophisticated modeling and simulation techniques. We discuss novel approaches for the provision of scalable simulation scenarios, that enable the real-time execution of massively populated IoT environments. Attention is given to novel hybrid and multi-level simulation techniques that, when combined with agent-based, adaptive Parallel and Distributed Simulation (PADS) approaches, can provide means to perform highly detailed simulations on demand. To support this claim, we detail a use case concerned with the simulation of vehicular transportation systems.Comment: Proceedings of the IEEE 2017 International Conference on High Performance Computing and Simulation (HPCS 2017

Distributed Hybrid Simulation of the Internet of Things and Smart Territories

This paper deals with the use of hybrid simulation to build and compose heterogeneous simulation scenarios that can be proficiently exploited to model and represent the Internet of Things (IoT). Hybrid simulation is a methodology that combines multiple modalities of modeling/simulation. Complex scenarios are decomposed into simpler ones, each one being simulated through a specific simulation strategy. All these simulation building blocks are then synchronized and coordinated. This simulation methodology is an ideal one to represent IoT setups, which are usually very demanding, due to the heterogeneity of possible scenarios arising from the massive deployment of an enormous amount of sensors and devices. We present a use case concerned with the distributed simulation of smart territories, a novel view of decentralized geographical spaces that, thanks to the use of IoT, builds ICT services to manage resources in a way that is sustainable and not harmful to the environment. Three different simulation models are combined together, namely, an adaptive agent-based parallel and distributed simulator, an OMNeT++ based discrete event simulator and a script-language simulator based on MATLAB. Results from a performance analysis confirm the viability of using hybrid simulation to model complex IoT scenarios.Comment: arXiv admin note: substantial text overlap with arXiv:1605.0487

Part 3: Systemic risk in ecology and engineering

The Federal Reserve Bank of New York released a report -- New Directions for Understanding Systemic Risk -- that presents key findings from a cross-disciplinary conference that it cosponsored in May 2006 with the National Academy of Sciences' Board on Mathematical Sciences and Their Applications. ; The pace of financial innovation over the past decade has increased the complexity and interconnectedness of the financial system. This development is important to central banks, such as the Federal Reserve, because of their traditional role in addressing systemic risks to the financial system. ; To encourage innovative thinking about systemic issues, the New York Fed partnered with the National Academy of Sciences to bring together more than 100 experts on systemic risk from 22 countries to compare cross-disciplinary perspectives on monitoring, addressing and preventing this type of risk. ; This report, released as part of the Bank's Economic Policy Review series, outlines some of the key points concerning systemic risk made by the various disciplines represented - including economic research, ecology, physics and engineering - as well as presentations on market-oriented models of financial crises, and systemic risk in the payments system and the interbank funds market. The report concludes with observations gathered from the sessions and a discussion of potential applications to policy. ; The three papers presented in this conference session highlighted the positive feedback effects that produce herdlike behavior in markets, and the subsequent discussion focused in part on means of encouraging heterogeneous investment strategies to counter such behavior. Participants in the session also discussed the types of models used to study systemic risk and commented on the challenges and trade-offs researchers face in developing their models.Financial risk management ; Financial markets ; Financial stability ; Financial crises

Structural transition in interdependent networks with regular interconnections

Networks are often made up of several layers that exhibit diverse degrees of interdependencies. A multilayer interdependent network consists of a set of graphs $G$ that are interconnected through a weighted interconnection matrix $B$, where the weight of each inter-graph link is a non-negative real number $p$. Various dynamical processes, such as synchronization, cascading failures in power grids, and diffusion processes, are described by the Laplacian matrix $Q$ characterizing the whole system. For the case in which the multilayer graph is a multiplex, where the number of nodes in each layer is the same and the interconnection matrix $B=pI$, being $I$ the identity matrix, it has been shown that there exists a structural transition at some critical coupling, $p^*$. This transition is such that dynamical processes are separated into two regimes: if $p > p^*$, the network acts as a whole; whereas when $p<p^*$, the network operates as if the graphs encoding the layers were isolated. In this paper, we extend and generalize the structural transition threshold $p^*$ to a regular interconnection matrix $B$ (constant row and column sum). Specifically, we provide upper and lower bounds for the transition threshold $p^*$ in interdependent networks with a regular interconnection matrix $B$ and derive the exact transition threshold for special scenarios using the formalism of quotient graphs. Additionally, we discuss the physical meaning of the transition threshold $p^*$ in terms of the minimum cut and show, through a counter-example, that the structural transition does not always exist. Our results are one step forward on the characterization of more realistic multilayer networks and might be relevant for systems that deviate from the topological constrains imposed by multiplex networks.Comment: 13 pages, APS format. Submitted for publicatio

Modelling interdependencies between the electricity and information infrastructures

The aim of this paper is to provide qualitative models characterizing interdependencies related failures of two critical infrastructures: the electricity infrastructure and the associated information infrastructure. The interdependencies of these two infrastructures are increasing due to a growing connection of the power grid networks to the global information infrastructure, as a consequence of market deregulation and opening. These interdependencies increase the risk of failures. We focus on cascading, escalating and common-cause failures, which correspond to the main causes of failures due to interdependencies. We address failures in the electricity infrastructure, in combination with accidental failures in the information infrastructure, then we show briefly how malicious attacks in the information infrastructure can be addressed