Heuristic assessment of choices for risk network control

Abstract Data-driven risk networks describe many complex system dynamics arising in fields such as epidemiology and ecology. They lack explicit dynamics and have multiple sources of cost, both of which are beyond the current scope of traditional control theory. We construct the global economy risk n...

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Autores principales: Christopher Brissette, Xiang Niu, Chunheng Jiang, Jianxi Gao, Gyorgy Korniss, Boleslaw K. Szymanski
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Lenguaje:EN
Publicado: Nature Portfolio 2021
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Acceso en línea:https://doaj.org/article/51ff6046cd754aaf8947b0210ebc295f
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spelling oai:doaj.org-article:51ff6046cd754aaf8947b0210ebc295f2021-12-02T14:37:21ZHeuristic assessment of choices for risk network control10.1038/s41598-021-85432-x2045-2322https://doaj.org/article/51ff6046cd754aaf8947b0210ebc295f2021-04-01T00:00:00Zhttps://doi.org/10.1038/s41598-021-85432-xhttps://doaj.org/toc/2045-2322Abstract Data-driven risk networks describe many complex system dynamics arising in fields such as epidemiology and ecology. They lack explicit dynamics and have multiple sources of cost, both of which are beyond the current scope of traditional control theory. We construct the global economy risk network by combining the consensus of experts from the World Economic Forum with risk activation data to define its topology and interactions. Many of these risks, including extreme weather and drastic inflation, pose significant economic costs when active. We introduce a method for converting network interaction data into continuous dynamics to which we apply optimal control. We contribute the first method for constructing and controlling risk network dynamics based on empirically collected data. We simulate applying this method to control the spread of COVID-19 and show that the choice of risks through which the network is controlled has significant influence on both the cost of control and the total cost of keeping network stable. We additionally describe a heuristic for choosing the risks trough which the network is controlled, given a general risk network.Christopher BrissetteXiang NiuChunheng JiangJianxi GaoGyorgy KornissBoleslaw K. SzymanskiNature PortfolioarticleMedicineRScienceQENScientific Reports, Vol 11, Iss 1, Pp 1-8 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle Medicine
R
Science
Q
Christopher Brissette
Xiang Niu
Chunheng Jiang
Jianxi Gao
Gyorgy Korniss
Boleslaw K. Szymanski
Heuristic assessment of choices for risk network control
description Abstract Data-driven risk networks describe many complex system dynamics arising in fields such as epidemiology and ecology. They lack explicit dynamics and have multiple sources of cost, both of which are beyond the current scope of traditional control theory. We construct the global economy risk network by combining the consensus of experts from the World Economic Forum with risk activation data to define its topology and interactions. Many of these risks, including extreme weather and drastic inflation, pose significant economic costs when active. We introduce a method for converting network interaction data into continuous dynamics to which we apply optimal control. We contribute the first method for constructing and controlling risk network dynamics based on empirically collected data. We simulate applying this method to control the spread of COVID-19 and show that the choice of risks through which the network is controlled has significant influence on both the cost of control and the total cost of keeping network stable. We additionally describe a heuristic for choosing the risks trough which the network is controlled, given a general risk network.
format article
author Christopher Brissette
Xiang Niu
Chunheng Jiang
Jianxi Gao
Gyorgy Korniss
Boleslaw K. Szymanski
author_facet Christopher Brissette
Xiang Niu
Chunheng Jiang
Jianxi Gao
Gyorgy Korniss
Boleslaw K. Szymanski
author_sort Christopher Brissette
title Heuristic assessment of choices for risk network control
title_short Heuristic assessment of choices for risk network control
title_full Heuristic assessment of choices for risk network control
title_fullStr Heuristic assessment of choices for risk network control
title_full_unstemmed Heuristic assessment of choices for risk network control
title_sort heuristic assessment of choices for risk network control
publisher Nature Portfolio
publishDate 2021
url https://doaj.org/article/51ff6046cd754aaf8947b0210ebc295f
work_keys_str_mv AT christopherbrissette heuristicassessmentofchoicesforrisknetworkcontrol
AT xiangniu heuristicassessmentofchoicesforrisknetworkcontrol
AT chunhengjiang heuristicassessmentofchoicesforrisknetworkcontrol
AT jianxigao heuristicassessmentofchoicesforrisknetworkcontrol
AT gyorgykorniss heuristicassessmentofchoicesforrisknetworkcontrol
AT boleslawkszymanski heuristicassessmentofchoicesforrisknetworkcontrol
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