The Role of Local Interactions in Cities’ Global Networking of Multinational Firms: An SIR Model Applied to Partial-Multiplex Directed Networks
In “The Role of Local Interactions in Cities’ Global Networking of Multinational Firms: An SIR Model Applied to Partial-Multiplex Directed Networks,” the spreading of a financial crisis in a partial-multiplex, direct financial network is simulated. Two important factors shape the relationships between the cities: their geographical proximity and their activity proximity. Global firms interact with each other to form complex networks of financial relations of ownership relations between them. Whatever their activities, the networks of companies are mostly concentrated in the main global cities of the world, where they benefit from human, natural, and financial resources, but reversely, firms’ networks contribute to build the global characters of cities. This chapter examines the possible outcome of the spreading of a catastrophic event, such as an epidemic, by applying an SIR process to this network.