Production networks and failure avalanches

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dc.creatorWeisbuch, Gerard
dc.creatorBattiston, Stefano
dc.date2005-07-13
dc.date.accessioned2026-07-07T12:07:36Z
dc.date.available2026-07-07T12:07:36Z
dc.descriptionAlthough standard economics textbooks are seldom interested in production networks, modern economies are more and more based upon suppliers/customers interactions. One can consider entire sectors of the economy as generalised supply chains. We will take this view in the present paper and study under which conditions local failures to produce or simply to deliver can result in avalanches of shortage and bankruptcies across the network. We will show that a large class of models exhibit scale free distributions of production and wealth among firms and that metastable regions of high production are highly localised.
dc.identifierhttps://arxiv.org/abs/physics/0507101
dc.identifierhttp://arxiv.org/abs/physics/0507101
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/209024
dc.subjectPhysics and Society
dc.subjectStatistical Mechanics
dc.subjectGeneral Finance
dc.titleProduction networks and failure avalanches
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