We revisit a recently introduced agent model [ACS, 11, 99 (2008)], where economic growth is a consequence of education (human capital formation) and innovation, and investigate the influence of the agents’ social network, both on an agent’s decision to pursue education and on the output of...

Community detection is of considerable interest for analyzing the structure and function of complex networks. Recently, a type of multi-resolution methods in community detection was introduced, which can adjust the resolution of modularity by modifying the modularity function with tunable...

Master equations for the evolution of complex networks with positive (birth) and negative (death) transition probabilities per unit time are analyzed. Explicit equations for the time evolution of the total number of nodes and for the relative node frequencies are given. It is shown that, in the...

Cascading failures occur commonly in congested complex networks, where it may be expressed as the process of generation, diffusion and dissipation of congestion. Different from betweeness centrality, we introduce congestion effects to determine the load on the node. In terms of user equilibrium...

Various studies have reported that many economic systems have been exhibiting an increase in the correlation between different market sectors, a factor that exacerbates the level of systemic risk. We measure this systemic risk of three major world shipping markets, (i) the new ship market, (ii)...

Shareholders are the owners of listed companies, and their relationships can directly affect the structure of the stock market. In this paper, we analyze the topological properties and evolution of the cross-shareholding networks of listed companies in the past 5 years in China from 2007 to...

Extending previous work on unweighted networks, we present here a systematic numerical investigation of standard evolutionary games on weighted networks. In the absence of any reliable model for generating weighted social networks, we attribute weights to links in a few ways supported by...

We have performed a detailed investigation on the world investment networks constructed from the Coordinated Portfolio Investment Survey (CPIS) data of the International Monetary Fund, ranging from 2001 to 2006. The distributions of degrees and node strengths are scale-free. The weight...

In this article, we investigate the problem of detecting unknown paths on complex networks through random walks. To detect a given path on a network a random walker should pass through the path from its initial node to its terminal node in turn. We calculate probability ϕ(t) that a random...