Network risk and forecasting power in phase-flipping dynamical networks.

B Podobnik1, A Majdandzic2, C Curme2

  • 1Center for Polymer Studies and Department of Physics, Boston University, Boston, Massachusetts 02215, USA and Faculty of Civil Engineering, University of Rijeka, 51000 Rijeka, Croatia and Zagreb School of Economics and Management, 10000 Zagreb, Croatia and Faculty of Economics, University of Ljubljana, 1000 Ljubljana, Slovenia.

Summary

This study models network failures and recovery, revealing how random recovery processes impact network stability and risk. We developed methods to quantify network risk, applicable to economic and traffic systems.

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