Connectedness and interdependence as determinants of system resilience and (in)stability

This project uses a complex systems framework to create theoretical and quantitative models of system resilience and stability, particularly economics systems. We argue that quantifying the interdependence among the networked components within a complex system can lead to quantified, system-level metrics of vulnerability and anticipatory metrics of resilience. Such information can lead to strategies that mitigate the risks inherent in highly connected systems.

Funders