{"id":"https://openalex.org/W2983140804","doi":"https://doi.org/10.1007/s00500-019-04466-6","title":"Systemic shock propagation in a complex system","display_name":"Systemic shock propagation in a complex system","publication_year":2019,"publication_date":"2019-11-18","ids":{"openalex":"https://openalex.org/W2983140804","doi":"https://doi.org/10.1007/s00500-019-04466-6","mag":"2983140804"},"language":"en","primary_location":{"id":"doi:10.1007/s00500-019-04466-6","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00500-019-04466-6","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00500-019-04466-6.pdf","source":{"id":"https://openalex.org/S65753830","display_name":"Soft Computing","issn_l":"1432-7643","issn":["1432-7643","1433-7479"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Soft Computing","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s00500-019-04466-6.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5084849133","display_name":"Peter Mitic","orcid":"https://orcid.org/0000-0002-9845-4435"},"institutions":[{"id":"https://openalex.org/I4210095171","display_name":"Laboratory of Excellence for Financial Regulation","ror":"https://ror.org/00khkb614","country_code":"FR","type":"facility","lineage":["https://openalex.org/I4210095171"]},{"id":"https://openalex.org/I45129253","display_name":"University College London","ror":"https://ror.org/02jx3x895","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947","https://openalex.org/I45129253"]}],"countries":["FR","GB"],"is_corresponding":true,"raw_author_name":"Peter Mitic","raw_affiliation_strings":["Department of Computer Science, University College London, Gower Street, London, WC1E 6BT, UK","Laboratoire d\u2019Excellence sur la R\u00e9gulation Financi\u00e8re (LabEx ReFi), Paris, France"],"raw_orcid":"https://orcid.org/0000-0002-9845-4435","affiliations":[{"raw_affiliation_string":"Department of Computer Science, University College London, Gower Street, London, WC1E 6BT, UK","institution_ids":["https://openalex.org/I45129253"]},{"raw_affiliation_string":"Laboratoire d\u2019Excellence sur la R\u00e9gulation Financi\u00e8re (LabEx ReFi), Paris, France","institution_ids":["https://openalex.org/I4210095171"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5084849133"],"corresponding_institution_ids":["https://openalex.org/I4210095171","https://openalex.org/I45129253"],"apc_list":{"value":2990,"currency":"USD","value_usd":2990},"apc_paid":{"value":2990,"currency":"USD","value_usd":2990},"fwci":0.0,"has_fulltext":true,"cited_by_count":2,"citation_normalized_percentile":{"value":0.17039491,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"24","issue":"18","first_page":"13667","last_page":"13685"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9958999752998352,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9958999752998352,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11270","display_name":"Complex Systems and Time Series Analysis","score":0.9950000047683716,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9904999732971191,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/shock","display_name":"Shock (circulatory)","score":0.7837221622467041},{"id":"https://openalex.org/keywords/systemic-risk","display_name":"Systemic risk","score":0.6233134865760803},{"id":"https://openalex.org/keywords/pairwise-comparison","display_name":"Pairwise comparison","score":0.47272056341171265},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.3577774167060852},{"id":"https://openalex.org/keywords/medicine","display_name":"Medicine","score":0.1885681450366974},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.18700143694877625},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.13350340723991394}],"concepts":[{"id":"https://openalex.org/C2781300812","wikidata":"https://www.wikidata.org/wiki/Q178061","display_name":"Shock (circulatory)","level":2,"score":0.7837221622467041},{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.6233134865760803},{"id":"https://openalex.org/C184898388","wikidata":"https://www.wikidata.org/wiki/Q1435712","display_name":"Pairwise comparison","level":2,"score":0.47272056341171265},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3577774167060852},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.1885681450366974},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.18700143694877625},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.13350340723991394},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.0},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/s00500-019-04466-6","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00500-019-04466-6","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00500-019-04466-6.pdf","source":{"id":"https://openalex.org/S65753830","display_name":"Soft Computing","issn_l":"1432-7643","issn":["1432-7643","1433-7479"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Soft Computing","raw_type":"journal-article"},{"id":"pmh:oai:eprints.ucl.ac.uk.OAI2:10091501","is_oa":true,"landing_page_url":"https://discovery.ucl.ac.uk/id/eprint/10091501/","pdf_url":"https://discovery.ucl.ac.uk/10091501/1/Systemic%20shock%20propagation%20in%20a%20complex%20system.pdf","source":{"id":"https://openalex.org/S4306400024","display_name":"UCL Discovery (University College London)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I45129253","host_organization_name":"University College London","host_organization_lineage":["https://openalex.org/I45129253"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Soft Computing (2019) (In press).","raw_type":"Article"}],"best_oa_location":{"id":"doi:10.1007/s00500-019-04466-6","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00500-019-04466-6","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00500-019-04466-6.pdf","source":{"id":"https://openalex.org/S65753830","display_name":"Soft Computing","issn_l":"1432-7643","issn":["1432-7643","1433-7479"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Soft Computing","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G4187542181","display_name":"Excellence Laboratory Financial Regulation","funder_award_id":"ANR-10-LABX-0095","funder_id":"https://openalex.org/F4320320883","funder_display_name":"Agence Nationale de la Recherche"}],"funders":[{"id":"https://openalex.org/F4320320286","display_name":"University College London","ror":"https://ror.org/02jx3x895"},{"id":"https://openalex.org/F4320320883","display_name":"Agence Nationale de la Recherche","ror":"https://ror.org/00rbzpz17"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2983140804.pdf","grobid_xml":"https://content.openalex.org/works/W2983140804.grobid-xml"},"referenced_works_count":32,"referenced_works":["https://openalex.org/W307478741","https://openalex.org/W1492640216","https://openalex.org/W1535062413","https://openalex.org/W1855228792","https://openalex.org/W2076497956","https://openalex.org/W2084695684","https://openalex.org/W2107941094","https://openalex.org/W2114138382","https://openalex.org/W2117899923","https://openalex.org/W2117991189","https://openalex.org/W2125704163","https://openalex.org/W2128391133","https://openalex.org/W2141902561","https://openalex.org/W2152195021","https://openalex.org/W2161728228","https://openalex.org/W2279039799","https://openalex.org/W2612446955","https://openalex.org/W2622634640","https://openalex.org/W2765097998","https://openalex.org/W2772826573","https://openalex.org/W2890197292","https://openalex.org/W2915062141","https://openalex.org/W3105790893","https://openalex.org/W3121732551","https://openalex.org/W3122599614","https://openalex.org/W3123232430","https://openalex.org/W3123693091","https://openalex.org/W3124242636","https://openalex.org/W3124498556","https://openalex.org/W3125156562","https://openalex.org/W4235871849","https://openalex.org/W4248503640"],"related_works":["https://openalex.org/W2748952813","https://openalex.org/W613889982","https://openalex.org/W2487162673","https://openalex.org/W2942366970","https://openalex.org/W2347071282","https://openalex.org/W2793211469","https://openalex.org/W2892044735","https://openalex.org/W2949152769","https://openalex.org/W4372354731","https://openalex.org/W2562400057"],"abstract_inverted_index":{"Abstract":[0],"We":[1],"study":[2,117],"the":[3,27,39,98,102,122,127,140,145,149,167,195,220,224,233,236,247,250,256,260,264],"effects":[4],"of":[5,23,26,41,56,108,121,131,170,216,232,249],"delivering":[6],"a":[7,10,19,48,69,73,106,135,157,165,178,198,210,242],"shock":[8,45,74,87,110,146,158,172,179,196,212,225,234,265],"to":[9,38,64,78,82,101,116,134,147,161,180,226,255,259],"complex":[11,57,70],"system":[12,28,104,237],"comprising":[13],"components":[14],"(\u2018agents\u2019)":[15],"that":[16,86,155,171],"interact":[17],"in":[18,47,67,94,164,186],"pairwise":[20],"fashion,":[21],"independent":[22],"other":[24,275],"parts":[25],"and":[29],"with":[30,274],"no":[31],"central":[32],"control.":[33],"There":[34],"are":[35,114],"three":[36],"aspects":[37],"contribution":[40],"this":[42],"paper.":[43],"First,":[44],"propagation":[46],"network":[49],"is":[50,62,75,111,126,139,159,173,238,272,278,284],"developed":[51],"purely":[52],"from":[53],"fundamental":[54],"principles":[55],"systems.":[58],"Second,":[59],"systemic":[60,95,109,168,199,211,257],"risk":[61],"shown":[63],"arise":[65],"naturally":[66],"such":[68],"system.":[71,151],"If":[72,190],"delivered":[76],"either":[77],"one":[79,288],"agent":[80,192],"or":[81,129],"many":[83],"agents":[84,133,163,183,207],"simultaneously,":[85],"may":[88],"be":[89,214],"transmitted":[90,174],"further,":[91,197],"thereby":[92],"resulting":[93],"risk.":[96],"Third,":[97],"monetary":[99],"loss":[100],"entire":[103,150],"as":[105],"result":[107,269],"quantified.":[112],"Simulations":[113],"used":[115],"two":[118],"particular":[119],"characteristics":[120],"interactions.":[123],"The":[124,137,152,203,229,268],"first":[125],"resistance":[128],"susceptibility":[130],"individual":[132],"shock.":[136],"second":[138],"time":[141,221],"it":[142,283],"takes":[143],"for":[144,206,223],"affect":[148],"results":[153,184],"show":[154],"if":[156],"applied":[160],"all":[162],"network,":[166],"effect":[169,200,231,258],"very":[175,181],"quickly.":[176],"Applying":[177],"few":[182],"only":[185],"an":[187,191],"idiosyncratic":[188],"effect.":[189,228],"can":[193,213],"transmit":[194],"will":[201],"result.":[202],"recovery":[204],"period":[205],"affected":[208],"by":[209,240],"orders":[215],"magnitude":[217],"greater":[218],"than":[219],"taken":[222],"take":[227],"overall":[230],"on":[235,287],"quantified":[239],"formulating":[241],"\u2018contagion":[243],"index\u2019,":[244],"which":[245],"measures":[246],"ratio":[248],"total":[251,261],"capital":[252,262],"lost":[253],"due":[254],"before":[263],"was":[266],"delivered.":[267],"(approximately":[270],"7%)":[271],"consistent":[273],"studies,":[276],"but":[277],"more":[279],"widely":[280],"applicable":[281],"because":[282],"not":[285],"based":[286],"empirical":[289],"data":[290],"set.":[291]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1}],"updated_date":"2026-07-31T08:31:51.225901","created_date":"2025-10-10T00:00:00"}
