Showing 1 - 9 of 9
Ranking nodes by their spreading ability in complex networks is a fundamental problem which relates to wide applications. Local metric like degree centrality is simple but less effective. Global metrics such as betweenness and closeness centrality perform well in ranking nodes, but are of high...
Persistent link: https://www.econbiz.de/10010873421
The aim of this article is to investigate the governance models of companies listed on the Italian Stock Exchange by using a network approach, which describes the interlinks between boards of directors. Following mainstream literature, I construct a weighted graph representing the listed...
Persistent link: https://www.econbiz.de/10010873585
Betweenness measures provide quantitative tools to pick out fine details from the massive amount of interaction data that is available from large complex networks. They allow us to study the extent to which a node takes part when information is passed around the network. Nodes with high...
Persistent link: https://www.econbiz.de/10010871654
We analyze the cross-correlation matrix C of the index returns of the main financial markets after the 2008 crisis using methods of random matrix theory. We test the eigenvalues of C for universal properties of random matrices and find that the majority of the cross-correlation coefficients...
Persistent link: https://www.econbiz.de/10010742315
Identifying influential nodes that lead to faster and wider spreading in complex networks is of theoretical and practical significance. The degree centrality method is very simple but of little relevance. Global metrics such as betweenness centrality and closeness centrality can better identify...
Persistent link: https://www.econbiz.de/10011057185
In this paper, we explore how the approach of optimal navigation (Cajueiro (2009) [33]) can be used to evaluate the centrality of a node and to characterize its role in a network. Using the subway network of Boston and the London rapid transit rail as proxies for complex networks, we show that...
Persistent link: https://www.econbiz.de/10011057609
In complex networks a common task is to identify the most important or “central” nodes. There are several definitions, often called centrality measures, which often lead to different results. Here, we introduce fingerprints of networks, which we define as correlation plots of local and...
Persistent link: https://www.econbiz.de/10011058406
This article proposes a new procedure to evaluate Asia Pacific stock market interconnections using a dynamic setting. Dynamic spanning trees (DST) are constructed using an ARMA–FIEGARCH–cDCC process. The main results show that: 1. the DST significantly shrinks over time; 2. Hong Kong is found...
Persistent link: https://www.econbiz.de/10011059164
We propose a new node centrality measure in networks, the lobby index, which is inspired by Hirsch’s h-index. It is shown that in scale-free networks with exponent α the distribution of the l-index has power tail with exponent α(α+1). Properties of the l-index and extensions are discussed.
Persistent link: https://www.econbiz.de/10011061203