Contagion in networks
While the tendency of social networks to act as vehicles for social influence within organizations has been long recognized in empirical organizational research (Krackhardt & Porter, 1985), the underlying mechanisms of social contagion linking the individual and social remain poorly understood.fore generates less total peer adoption in the network. Overall, we find that viral product design features generate econometrically identifiable peer influence and social contagion effects and provide a model for how randomized trials can identify peer influence in networks. 2. Viral Product Design Since the early work of Katz and Lazersfled ...
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To this end, we suggest the possibility of designing an in-silico experiment in which homophily is arbitrarily tuned by artificially affecting the social network structure, for example by introducing an ad-hoc community structure [53–55], and contagion is thus analyzed in light of the controlled homophily mechanism.The estimate of moral contagion in the available population of studies is positive and significant (IRR = 1.12, 95% CI = [1.06, 1.19]), such that each message is 12% more likely to be shared for ...Business networking is a great way to get ahead professionally. Visit HowStuffWorks to learn all about business networking. Advertisement There's so much buzz about business networking that you might think that it's modern man's greatest in...To assess the relevance of asymptotic formulae for studying contagion in networks with such sizes, we generate a scale-free network of 10,000 nodes with Pareto distributed exposures using the random graph model introduced by …By constructing trade–investment networks and modeling the contagion of systemic risk in trade and investment channels within different countries, we design three immune strategies, namely, Random Immune, Target Immune, and Neighbor Immune, and compare the inhibitory effect of these strategies on the shock contagion of multilayer …Another approach is based on contagion through common asset holdings and includes the work of Allen et al. (2012) and Caccioli et al. (2012). There is also a large literature on simulation models of contagion in interbank networks; for a recent survey, see Summer (2013). Our approach differs from earlier work by providing explicit expressions ...Fig. 5, Fig. 6 show the effects of changing the network structure on systemic risk and the number of defaulting banks with and without the non-central clearing, respectively. The network structure can be changed by changing the network density parameter to set the network density parameters a ∈ 0. 1, 0. 9.The greater the network …Network contagion models are relevant policy tools to monitor systemic risk. We study how the presence of a community structure affects liquidity contagion. The presence of communities highly affects contagion in simulated banking systems. We also test the potential effects on contagion risk of several stylized policies.The study of informational contagion did not originally require the use of an explicit network, but the concept of a network is a natural framework for the study of informational contagion. Two of the earliest studies, Kodres and Pritzker (2002) [KP] and Pavlova and Rigobon (2008) [PR], illustrate the network structure that is implicit in the ...Sentiment contagion such as the spread of panic in emergencies is a common phenomenon in human society. Considering the difference between sentiment contagion and epidemic contagion, we define the transition probabilities of the binary emotional state (optimism, pessimism) and establish a sentiment contagion model. Transition equations are ...Financial Contagion in Core–Periphery Networks and Real Economy. Asako Chiba. Published 1 March 2020. Economics. Computational Economics. The recent global financial crisis has revealed that borrowing and lending among banks and other financial intermediaries makes it possible for a shock to a single bank to spread through the entire …Paul Glasserman & H. Peyton Young, 2016. " Contagion in Financial Networks ," Journal of Economic Literature, American Economic Association, vol. 54 (3), pages 779-831, September. The recent financial crisis has prompted much new research on the interconnectedness of the modern financial system and the extent to which it contributes to systemic ...Abstract. In this paper, we investigate contagion risk in an endogenous financial network, which is characterized by credit relationships connecting downstream and upstream firms, interbank credit ...The end of 3G is here and AT&T along with the other carriers will be shutting down their network this year to make room for 5G. The end of 3G is here and AT&T along with the other carriers will be shutting down their network this year to ma...The estimate of moral contagion in the available population of studies is positive and significant (IRR = 1.12, 95% CI = [1.06, 1.19]), such that each message is 12% more likely to be shared for ...Using these algorithms, we study the spread of contagion in scale-free networks with 1,000 players using millions of Monte Carlo simulations. Our analysis provides quantitative and qualitative insight into the design of policies to control or spread contagion in networks. The scope of application is enlarged given the many other situations ...Contagion in Financial Networks* Paul Glasserman and H. Peyton Young . October 20, 2015 . Among the many factors contributing to the financial crisis the increasing of 2007-2009, interconnectedness of the global financial system perhaps the least well understood. The isContagion is the spread of market changes or disturbances from one regional market to others. Contagion can refer to the diffusion of either economic booms …Contagion in financial networks. Prasanna Gai and Sujit Kapadia Additional contact information Prasanna Gai: Australian National University No 383, Bank of England working papers from Bank of England Abstract: This paper develops an analytical model of contagion in financial networks with arbitrary structure. We explore how the probability …Due to the complicated transport and reactive behavior of organic contamination in groundwater, the development of mathematical models to aid field …Using a case study of a newly emerging CSA, the role of social contagion in network evolution will be assessed. The merit of this research stems from its central task of …See Full PDFDownload PDF. Infectious Disease Modeling of Social Contagion in Networks Alison L. Hill1,2*, David G. Rand1,3, Martin A. Nowak1,4,5, Nicholas A. Christakis6,7,8 1 Program for Evolutionary Dynamics, Harvard University, Cambridge, Massachusetts, United States of America, 2 Biophysics Program and Harvard-MIT …Contagion Risks and Systemic Stability in Financial Networks. Jingqian Tian, 1Chao Wang, 2Xiaoxing Liu, 1and Longmiao Qiu 1. Academic Editor: Anna M. Gil-Lafuente. Received 05 Aug 2021. Revised 15 Oct 2021. Accepted 09 Nov 2021.There are two types of contagion that have been studied on networks formed by financial links. The first type of contagion is caused by insolvencies and flows from …
Monitoring and controlling financial contagion in banking systems is a challenging task, and micro-structural network contagion models are becoming …1. Introduction. Social networks are central to the understanding of human behaviors (Barsade, 2002, Hill et al., 2010a).Recent studies of social networks have been performed in various fields, including social psychology, computer science, and physics, and multi-disciplinary studies of social networks have demonstrated key influences that …1080i HDTV. (downscaled to 16:9 576i for the SDTV feed) Official website. htv .com .vn. Replaced. Vietnam Television Network (1966-75) Ho Chi Minh City Television ( HTV; Vietnamese: Đài Truyền hình Thành phố Hồ Chí Minh) is a Vietnamese television network owned by the People's Committee of Ho Chi Minh City .Introduction The aim of this chapter is to provide an introduction to the literature on financial contagion in networks. We aim to do this by focusing on a limited number of papers in some formal detail, trying to illustrate their analogies and differences as much as possible within a common framework. We divide the discussion in two parts.
Contagion is a process whereby the collapse of a node in a network leads to the collapse of neighboring nodes and thereby sets off a chain reaction in the network. It thus creates a special type of time-dependent network. Such processes are studied.Sentiment mutation and emotional contagion in social networks are similar to pathogen mutation and disease spreading to a certain degree in the population, so we seek to explore the propagation laws of negative sentiments in social networks by developing a dynamic model. The principle of it is similar to that of epidemic models, and …The risk contagion research is carried out from three aspects:guarantee mechanism, partner selection mechanism, and production parameter. The research shows that: (1) Firm size distribution takes on a power-law tail. (2) Guarantee network provides a channel for risk contagion and aggravates risk contagion among firms.…
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Distinguishing influence-based contagion from homophily-driven diffusion in dynamic networks Sinan Arala,b,1, Lev Muchnika, and Arun Sundararajana aInformation, Operations and Management Sciences Department, Stern School of Business, New York University, Kaufmann Management Center, 44 West 4th Street, New York, NY 10012; and bCenter …The First Health Network is a group of providers that accept First Health insurance and provide services to members at reduced rates, according to the First Health website. More than two million members use the First Health Network to meet ...
3. Model and mechanisms. Our model of contagion relaxes the assumption that actors can only transition from an inactive to an active state. We also allow the effects of each activation to vary over time to the extent that they coevolve with the contagion dynamics taking place in the rest of the network.5. Conclusion. The application of complex network theory can open up new perspectives for studying the structure and stability of the banking system. In this paper, we analyze the systemic risk of the Chinese banking system since the global financial crisis of 2008 by applying a contagion model to the network.We present a model of worldwide crisis contagion based on the Google matrix analysis of the world trade network obtained from the UN Comtrade database. The fraction of bankrupted countries exhibits an on-off phase transition governed by a bankruptcy threshold κ related to the trade balance of the countries. For κ>κc, the contagion is …
Contagion: In economics and finance, a contagion can be explained a As the COVID-19 outbreak has an impact on the global economy, there will be interest in how China’s financial markets function during the outbreak. To investigate the path of risk contagion in China’s financial sub-markets before and after the COVID-19 outbreak, we divided the 2016–2021 period into two phases. Based on the time of the COVID-19 outbreak, … We explore how the probability and potential impact of contagion istion is how network structure interacts with other potential so This paper aims to construct a feasible two-layer network model for the emotional contagion of passenger groups in the case of large-scale flight delays. This improved emotional contagion model can study the emotional contagion mechanism and process of delayed passengers between online and offline social contact networks. … Studying contagion risk in financial networks is very important for the stability of financial systems. But most models of financial networks often suffer from their very own problems. Many financial network models do not include interbank networks or inter-firm networks [8], [11], [13], [29], [33]. The study of Delli Gatti et al. [12] includes ...Contagion in Financial Networks* Paul Glasserman and H. Peyton Young . October 20, 2015 . Among the many factors contributing to the financial crisis the increasing of 2007-2009, interconnectedness of the global financial … Complex contagion is the phenomenon in sociA great network makes all the difference betwexercises targeting linkages in the financial n Contagion in Financial Networks by Paul Glasserman and H. Peyton Young. Published in volume 54, issue 3, pages 779-831 of Journal of Economic … tion is how network structure interacts with other potentia Three types of computer networks are local area networks, metropolitan area networks and wide area networks. They are categorized by their size and the purpose they serve, which can be general or specific. Contagion 1. Introduction A significant [A contagion, like a virus or bacteria, is the agent resSocial networks have changed the way how people co We estimated these contagion effects by combining daily global weather data, which creates exogenous variation in running among friends, with data on the network ties and daily exercise patterns ...