Critical Nodes and Links in Financial Networks

2009 ◽  
pp. 137-163

2020 ◽  
Vol 10 (1) ◽  
Author(s):  
Alex Smolyak ◽  
Orr Levy ◽  
Irena Vodenska ◽  
Sergey Buldyrev ◽  
Shlomo Havlin

Abstract Cascading failures in many systems such as infrastructures or financial networks can lead to catastrophic system collapse. We develop here an intuitive, powerful and simple-to-implement approach for mitigation of cascading failures on complex networks based on local network structure. We offer an algorithm to select critical nodes, the protection of which ensures better survival of the network. We demonstrate the strength of our approach compared to various standard mitigation techniques. We show the efficacy of our method on various network structures and failure mechanisms, and finally demonstrate its merit on an example of a real network of financial holdings.





2008 ◽  
Vol 19 (9) ◽  
pp. 2376-2388 ◽  
Author(s):  
Zhen-Hua LI ◽  
Gui-Hai CHEN ◽  
Tong-Qing QIU


2009 ◽  
Author(s):  
Gwenaël Moysan ◽  
Camille Cornand
Keyword(s):  




2018 ◽  
Author(s):  
Markku Kallio ◽  
Aein Khabazian
Keyword(s):  




Author(s):  
Prasanna Gai ◽  
Sujit Kapadia
Keyword(s):  


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