MULTI-WEIGHTED MONETARY TRANSACTION NETWORK

作者:Wang H*; Van Boven E; Krishnakumar A; Hosseini M; Van Hooff H; Takema T; Baken N; Van Mieghem P
来源:Advances in Complex Systems, 2011, 14(5): 691-710.
DOI:10.1142/S021952591100330X

摘要

This paper aims to both develop and apply advances from the field of complex networks to large economic systems and explore the (dis)similarities between economic systems and other real-world complex networks. For the first time, the nature and evolution of the Dutch economy are captured by means of a data set analysis that describes the monetary transactions among 105 economical activity clusters over the period 1987-2007. We propose to represent this data set as a multi-weighted network, called the monetary transaction network. Each node represents a unique activity cluster. Nodes are interconnected via monetary transactions. The millions of euros that traverse the links and that circulate inside each activity cluster are denoted by a link weight and a node weight respectively. By applying innovative methodologies from network theory, we observe important features of the monetary transaction network as well as its evolution: (a) Activity clusters with a large internal flow tend to cooperate with many other clusters via high volume monetary transactions. (b) Activity clusters with a lower internal transaction volume prefer to transact with fewer neighboring nodes that have a higher internal flow. (c) The node weights seem to follow a power law distribution. Surprisingly, (b) and (c) have been observed in community structures of many real-world networks as well. (d) Activity clusters tend to balance the monetary volume of their transactions with their neighbors, reflected by a positive link weight correlation around each node. This correlation becomes stronger over time while the number of links increases over time as well.

  • 出版日期2011-10