We propose and document the evidence for an analogy between the dynamics of
granular counter-flows in the presence of bottlenecks or restrictions and
financial price formation processes. Using extensive simulations, we find that
the counter-flows of simulated pedestrians through a door display many stylized
facts observed in financial markets when the density around the door is
compared with the logarithm of the price. The stylized properties are present
already when the agents in the pedestrian model are assumed to display a
zero-intelligent behavior. If agents are given decision-making capacity and
adapt to partially follow the majority, periods of herding behavior may
additionally occur. This generates the very slow decay of the autocorrelation
of absolute return due to an intermittent dynamics. Our finding suggest that
the stylized facts in the fluctuations of the financial prices result from a
competition of two groups with opposite interests in the presence of a
constraint funneling the flow of transactions to a narrow band of prices.
How far and how fast does information spre
95e
ad in social media? Researchers
have recently examined a number of factors that affect information diffusion in
online social networks, including: the novelty of information, users' activity
levels, who they pay attention to, and how they respond to friends'
recommendations. Using URLs as markers of information, we carry out a detailed
study of retweeting, the primary mechanism by which information spreads on the
Twitter follower graph. Our empirical study examines how users respond to an
incoming stimulus, i.e., a tweet (message) from a friend, and reveals that
%retweeting behavior is constrained by a few simple principles. the "principle
of least effort" combined with limited attention plays a dominant role in
retweeting behavior. Specifically, we observe that users retweet information
when it is most visible, such as when it near the top of their Twitter stream.
Moreover, our measurements quantify how a user's limited attention is divided
among incoming tweets, providing novel evidence that highly connected
individuals are less likely to propagate an arbitrary tweet. Our study
indicates that the finite ability to process incoming information constrains
social contagion, and we conclude that rapid decay of visibility is the primary
barrier to information propagation online.
We
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extend the formalism of Random Boolean Networks with canalizing rules to
multilevel complex networks. The formalism allows to model genetic networks in
which each gene might take part in more than one signaling pathway. We use a
semi-annealed approach to study the stability of this class of models when
coupled in a multiplex network and show that the analytical results are in good
agreement with numerical simulations. Our main finding is that the multiplex
structure provides a mechanism for the stabilization of the system and of
chaotic regimes of individual layers. Our results help understanding why some
genetic networks that are theoretically expected to operate in the chaotic
regime can actually display dynamical stability.
A system of interdependent networks was recently found to be very vulnerable
since cascading failures that may lead to abrupt breakdown of the system. We
develop an analytical method, based on the percolation method developed for
single networks [M.E.J. Newman, Phys. Rev. Lett. {\bf 103}, 058701 (2009)], to
study the effect of clustering within the networks on the robustness of the
interdependent networks. We find that, in contrast to single networks where the
percolation threshold, $p_c$, does not change with clustering for site
percolation and {\it decreases} with clustering for bond percolation, $p_c$ for
interdependent networks {\it increases} when networks are more clustered.
We present a generalized method for calculating the k-shell structure of
weighted networks. The method takes into ac
80b
count both the weight and the degree
of a network, in such a way that in the absence of weights we resume the shell
structure obtained by the classic k-shell decomposition. In the presence of
weights we show that the method is able to partition the network in a more
refined way, without the need of any arbitrary threshold on the weight values.
Furthermore, by simulating spreading processes using the
Susceptible-Infectious-Recovered model in four different real weighted
networks, we show that the weighted k-shell decomposition method ranks the
nodes more accurately, by placing nodes with higher spreading potential into
shells closer to the core. In addition we demonstrate our new method on a real
economic network and show that the core calculated using the weighted k-shell
method is more meaningful from an economics perspective when compared to the
unweighted method.