activity
20132022
most citedNetwork models of financial systemic risk: A review

162 citations · 484 across the 21 of their papers we have counts for

collaborators

21 papers

physics.soc-ph2022★ 2 cited

Social contagion induced by uncertain information

Teruyoshi Kobayashi

Information and individual activities often spread globally through the network of social ties. While social contagion phenomena have been extensively studied within the framework…

cs.LG2022★ 3 cited

Consistency between ordering and clustering methods for graphs

Tatsuro Kawamoto, Masaki Ochi, Teruyoshi Kobayashi

A relational dataset is often analyzed by optimally assigning a label to each element through clustering or ordering. While similar characterizations of a dataset would be achieved…

physics.soc-ph2022

Financial fire sales as continuous-state complex contagion

Tomokatsu Onaga, Fabio Caccioli, Teruyoshi Kobayashi

Trading activities in financial systems create various channels through which systemic risk can propagate. An important contagion channel is financial fire sales, where a bank fail…

physics.soc-ph2022★ 4 cited

Diffusion dynamics of competing information on networks

Teruyoshi Kobayashi

Information diffusion on social networks has been described as a collective outcome of threshold behaviors in the framework of threshold models. However, since the existing models…

physics.soc-ph2022★ 2 cited

Identifying the temporal dynamics of densification and sparsification in human contact networks

Shaunette T. Ferguson, Teruyoshi Kobayashi

Temporal social networks of human interactions are preponderant in understanding the fundamental patterns of human behavior. In these networks, interactions occur locally between i…

cs.SI2021★ 2 cited

Sequential locality of graphs and its hypothesis testing

Tatsuro Kawamoto, Teruyoshi Kobayashi

The adjacency matrix is the most fundamental and intuitive object in graph analysis that is useful not only mathematically but also for visualizing the structures of graphs. Becaus…

econ.TH2021★ 12 cited

Unstable diffusion in social networks

Teruyoshi Kobayashi, Yoshitaka Ogisu, Tomokatsu Onaga

How and to what extent will new activities spread through social ties? Here, we develop a more sophisticated framework than the standard mean-field approach to describe the diffusi…

physics.soc-ph2021★ 14 cited

Dynamics of diffusion on monoplex and multiplex networks: A message-passing approach

Teruyoshi Kobayashi, Tomokatsu Onaga

New ideas and technologies adopted by a small number of individuals occasionally spread globally through a complex web of social ties. Here, we present a simple and general approxi…

physics.soc-ph2020★ 8 cited

Two types of densification scaling in the evolution of temporal networks

Teruyoshi Kobayashi, Mathieu Génois

Many real-world social networks constantly change their global properties over time, such as the number of edges, size and density. While temporal and local properties of social ne…

cs.LG2020★ 2 cited

Detecting multi-timescale consumption patterns from receipt data: A non-negative tensor factorization approach

Akira Matsui, Teruyoshi Kobayashi, Daisuke Moriwaki +1

Understanding consumer behavior is an important task, not only for developing marketing strategies but also for the management of economic policies. Detecting consumption patterns,…

physics.soc-ph2018★ 52 cited

The structured backbone of temporal social ties

Teruyoshi Kobayashi, Taro Takaguchi, Alain Barrat

In many data sets, crucial information on the structure and temporality of a system coexists with noise and non-essential elements. In networked systems, for instance, some edges m…

q-fin.TR2018★ 5 cited

Extracting the multi-timescale activity patterns of online financial markets

Teruyoshi Kobayashi, Anna Sapienza, Emilio Ferrara

Online financial markets can be represented as complex systems where trading dynamics can be captured and characterized at different resolutions and time scales. In this work, we d…

q-fin.RM2017★ 162 cited

Network models of financial systemic risk: A review

Fabio Caccioli, Paolo Barucca, Teruyoshi Kobayashi

The global financial system can be represented as a large complex network in which banks, hedge funds and other financial institutions are interconnected to each other through visi…

q-fin.TR2017★ 29 cited

Identifying relationship lending in the interbank market: A network approach

Teruyoshi Kobayashi, Taro Takaguchi

Relationship lending is broadly interpreted as a strong partnership between a lender and a borrower. Nevertheless, we still lack consensus regarding how to quantify the strength of…

q-fin.ST2017★ 21 cited

Social dynamics of financial networks

Teruyoshi Kobayashi, Taro Takaguchi

The global financial crisis in 2007-2009 demonstrated that systemic risk can spread all over the world through a complex web of financial linkages, yet we still lack fundamental kn…

physics.soc-ph2016★ 10 cited

Fragmenting networks by targeting collective influencers at a mesoscopic level

Teruyoshi Kobayashi, Naoki Masuda

A practical approach to protecting networks against epidemic processes such as spreading of infectious diseases, malware, and harmful viral information is to remove some influentia…

cs.SI2015★ 22 cited

Trend-driven information cascades on random networks

Teruyoshi Kobayashi

Threshold models of global cascades have been extensively used to model real-world collective behavior, such as the contagious spread of fads and the adoption of new technologies.…

q-fin.GN2015★ 88 cited

Cascades in multiplex financial networks with debts of different seniority

Charles D. Brummitt, Teruyoshi Kobayashi

The seniority of debt, which determines the order in which a bankrupt institution repays its debts, is an important and sometimes contentious feature of financial crises, yet its i…

q-fin.RM2013★ 10 cited

A model of financial contagion with variable asset returns may be replaced with a simple threshold model of cascades

Teruyoshi Kobayashi

I show the equivalence between a model of financial contagion and the threshold model of global cascades proposed by Watts (2002). The model financial network comprises banks that…

q-fin.RM2013★ 16 cited

Network versus portfolio structure in financial systems

Teruyoshi Kobayashi

The question of how to stabilize financial systems has attracted considerable attention since the global financial crisis of 2007-2009. Recently, Beale et al. ("Individual versus s…

q-fin.RM2013★ 20 cited

Efficient immunization strategies to prevent financial contagion

Teruyoshi Kobayashi, Kohei Hasui

Many immunization strategies have been proposed to prevent infectious viruses from spreading through a network. In this study, we propose efficient immunization strategies to preve…