GCRI · Mathematics, statistics and data
Network science and contagion
Network science and contagion study how the structure of connections among entities shapes the spread of failures, information and disease. It provides tools to analyse interdependent infrastructure, supply chains and financial systems. Systems Science and Modelling stewards this page for the Nexus Consortium.
The workspace for network science and contagion.
Network analysis
The Global Centre for Risk and Innovation (GCRI) · Network science and contagion · Run R-3937 · Example interface, not a record
Dependency graph
nodes: assets · edges: dependencies
Most central nodes
| N3 | 0.19 | 5 | Critical |
| N4 | 0.16 | 12 | Normal |
| N5 | 0.37 | 7 | Normal |
| N6 | 0.36 | 12 | Normal |
Cascade size under removal
GCRI · Network analysis. Network analysis: example names and illustrative values, not a record.
What network science and contagion covers.
- 01
Core methods
graph analysis; centrality measures; cascade and contagion modelling; multilayer network analysis; percolation analysis; community detection.
- 02
Data and instruments
infrastructure topology data; trade and supply chain links; interbank exposure data; contact and mobility data; communication networks.
- 03
Validation
Models are checked by reproducing observed cascades and outbreaks. Robustness of results to missing or uncertain links is tested.
- 04
Limits
Network data are often incomplete or confidential. Static network models may miss adaptive behaviour during cascades.
- 05
Use in risk decisions
Network science identifies critical nodes and pathways through which shocks propagate across sectors. It informs targeted protection and diversification to limit cascades.
Network methods are used in supervision, infrastructure and epidemiology.
| Reference | What it sets |
|---|---|
| Interbank network analysis in supervisory practice | Contagion in financial systems |
| Infrastructure interdependency modelling | Cascading failure |
| Contact network models in epidemiology | Transmission |
How the process runs.
Process
Network science and contagion: Cascade across systems
An initial hazard can trigger later risks and events; this illustration draws one cascade across systems such as energy, water, ICT, health and transport.
01 Hazard
- 01Initiating hazardDataset · Independent reviewerCascading risk is the risk that hazard events trigger later risks and events, through chains of interrelated hazards or impacts.
02 First-order systems
- 02Example system: energyModel · System operatorAn example of a system a hazard can hit first. What depends on it is set by a dependency survey.
- 03Example system: waterModel · System operatorA second example of a system a hazard can hit first. Its links to other systems are shown as examples only.
03 Second-order systems
- 04Example system: ICTModel · System operatorAn example of a system that may depend on others, for example on backup power. Survey data set the real dependencies.
- 05Example system: health servicesModel · System operatorAn example of a system that may depend on water, power and data. Survey data set the real dependencies.
- 06Example system: transportModel · System operatorAn example of a system that may depend on ICT, fuel and logistics. Survey data set the real dependencies.
04 Limiting the cascade
- 07Buffers and redundancyStep · Independent reviewerBuffers, redundancy and restoration can limit how far an impact spreads. The OECD report moves from single assets to system resilience.
- 08Restoration prioritiesDecision · Independent reviewerThe responsible party sets which services are restored first, under its own rules.
Outline of an external standard or method, from its public sources. It describes what the framework says, not a record of any run. It does not show that Nexus or any partner performs, certifies or approves a step. A gate is a step of the method, never a Nexus approval. The dependencies are examples. A dependency survey for the place sets them.
Contagion through links.
Network science models how failures propagate along dependencies. Results are sensitive to network data quality: missing links can hide contagion paths and spurious links can exaggerate them. Multilayer networks represent dependencies across systems.
- Report network data completeness.
- Use multilayer models for cross-system dependencies.
- Test sensitivity to missing links.
- Applications on Systems Modelling and Trade and Strategic Resources.
Platforms that apply this method.
- Energy NexusInstitutionGCRI
- Systemic Risk ManagementInstitutionGCRI
- Critical InfrastructureInstitutionGCRI
- Trade and Strategic ResourcesInstitutionGCRI
- Cybersecurity and Digital ResilienceInstitutionGCRI
- Economic DevelopmentInstitutionGCRI
- Information Integrity and Public TrustInstitutionGRF
- Banking NexusInstitutionGRA
- Capital Markets NexusInstitutionGRA
- Financial StabilityInstitutionGRA
- Payments and Market InfrastructureInstitutionGRA
- Financial Cyber and Operational ResilienceInstitutionGRA
- Financial Crime and Fraud RiskInstitutionGRA
- Private CreditInstitutionGRA
- Systems Science and ModellingInstitutionGCRI
Who maintains this page.
Systems Science and Modelling stewards network science and contagion: it keeps this description current and reviews how the method is applied across the platforms.
Where this page’s references lead.
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