We study how the volatility, node- or link-based, affects the evolution of social networks in simple models. The model describes the competition between order -- promoted by the efforts of agents to coordinate -- and disorder induced by volatility in the underlying social network. We find that when volatility affects mostly the decay of links, the model exhibit a sharp transition between an ordered phase with a dense network and a disordered phase with a sparse network. When volatility is mostly node-based, instead, only the symmetric (disordered) phase exists These two regimes are separated by a second order phase transition of unusual type, characterized by an order parameter critical exponent $β=0^+$. We argue that node volatility has the same effect in a broader class of models, and provide numerical evidence in this direction.
We study social behaviour of agents on capital markets when these are perturbed by small perturbations. We use the mean field method. Social behaviour of agents on capital markets is described: volatility of the market, aversion constant and equilibrium states are discussed. Relaxation behaviour of agents on the capital market is studied. Equation of motion for the agent average number is of the relaxation type. Development of the group of agents in the states corresponding to minimum of the aim function is either linear either exponentially damped. There exist characteristic volatility consta…
High quality topic extraction from business news explains abnormal financial market volatility
ETH Zurich（苏黎世联邦理工学院）；The Canon Institute for Global Studies（佳能全球战略研究所）；Swiss Finance Institute（瑞士金融研究院）；University of Tsukuba（筑波大学）；The University of Tokyo（东京大学）
The social role of a participant in a social system is a label conceptualizing the circumstances under which she interacts within it. They may be used as a theoretical tool that explains why and how users participate in an online social system. Social role analysis also serves practical purposes, such as reducing the structure of complex systems to rela- tionships among roles rather than alters, and enabling a comparison of social systems that emerge in similar contexts. This article presents a data-driven approach for the discovery of social roles in large scale social systems. Motivated by a…
We have two main aims in this paper. First we use theories of disease spreading on networks to look at the COVID-19 epidemic on the basis of individual contacts -- these give rise to predictions which are often rather different from the homogeneous mixing approaches usually used. Our second aim is to look at the role of social deprivation, again using networks as our basis, in the spread of this epidemic. We choose the city of Kolkata as a case study, but assert that the insights so obtained are applicable to a wide variety of urban environments which are densely populated and where social ine…
Ties between individuals on a social network can represent different dimensions of interactions, and the spreading of information and innovations on these networks could potentially be driven by some dimensions more than by others. In this paper we investigate this issue by studying the diffusion of microfinance within rural India villages and accounting for the whole multilayer structure of the underlying social networks. We define a new measure of node centrality, diffusion versatility, and show that this is a better predictor of microfinance participation rate than previously introduced mea…
Millions commute to work every day in cities and interact with colleagues, customers, providers, friends, and strangers. Commuting facilitates the mixing of people from distant and diverse neighborhoods, but whether this has an imprint on social inclusion or instead, connections remain assortative is less explored. In this paper, we aim to better understand income sorting in social networks inside cities and investigate how commuting distance conditions the online social ties of Twitter users in the 50 largest metropolitan areas of the United States. Home and work locations are identified from…
In social networks of human individuals, social relationships do not necessarily last forever as they can either fade gradually with time, resulting in link aging, or terminate abruptly, causing link deletion, as even old friendships may cease. In this paper, we study a social network formation model where we introduce several ways by which a link termination takes place. If we adopt the link aging, we get a more modular structure with more homogeneously distributed link weights within communities than when link deletion is used. By investigating distributions and relations of various network …
"Wisdom of crowds" refers to the phenomenon that the average opinion of a group of individuals on a given question can be very close to the true answer. It requires a large group diversity of opinions, but the collective error, the difference between the average opinion and the true value, has to be small. We consider a stochastic opinion dynamics where individuals can change their opinion based on the opinions of others (social influence $α$), but to some degree also stick to their initial opinion (individual conviction $β$). We then derive analytic expressions for the dynamics of the collect…
In this paper we introduce a mathematical model that captures some of the salient features of recommender systems that are based on popularity and that try to exploit social ties among the users. We show that, under very general conditions, the market always converges to a steady state, for which we are able to give an explicit form. Thanks to this we can tell rather precisely how much a market is altered by a recommendation system, and determine the power of users to influence others. Our theoretical results are complemented by experiments with real world social networks showing that social g…
A social network consists of a set of actors and a set of relationships between them which describe certain patterns of communication. Most current networks are huge and difficult to analyze and visualize. One of the methods frequently used is to extract the most important features, namely to create a certain abstraction, that is the transformation of a large network to a much smaller one, so the latter is a useful summary of the original one, still keeping the most important characteristics. In the case of a social network it can be achieved in two ways. One is to find groups of actors and pr…
In this paper we analyze the effects of commuting and social inequalities for the epidemic development of the novel coronavirus (COVID-19). With this aim we consider a SEIRD (susceptible, exposed, infected, recovered and dead by disease) model without vital dynamics in a population divided into patches that have different economic resources and in which the individuals can commute from one patch to another (bilaterally). In the modeling we choose the social and commuting parameters arbitrarily. We calculate the basic reproductive number $R_0$ with the next generation approach and analyze the s…
In the context of Twitter, social capitalists are specific users trying to increase their number of followers and interactions by any means. These users are not healthy for the service, because they are either spammers or real users flawing the notions of influence and visibility. Studying their behavior and understanding their position in Twit-ter is thus of important interest. It is also necessary to analyze how these methods effectively affect user visibility. Based on a recently proposed method allowing to identify social capitalists, we tackle both points by studying how they are organize…
Bots have been playing a crucial role in online platform ecosystems, as efficient and automatic tools to generate content and diffuse information to the social media human population. In this chapter, we will discuss the role of social bots in content spreading dynamics in social media. In particular, we will first investigate some differences between diffusion dynamics of content generated by bots, as opposed to humans, in the context of political communication, then study the characteristics of bots behind the diffusion dynamics of social media spam campaigns.
