568 citations · 1.3k across the 14 of their papers we have counts for
3 papers · 1 filter
Coupled catastrophes: sudden shifts cascade and hop among interdependent systems
Charles D. Brummitt, George Barnett, Raissa M. D'Souza
An important challenge in several disciplines is to understand how sudden changes can propagate among coupled systems. Examples include the synchronization of business cycles, popu…
Inside Money, Procyclical Leverage, and Banking Catastrophes
Charles D. Brummitt, Rajiv Sethi, Duncan J. Watts
We explore a model of the interaction between banks and outside investors in which the ability of banks to issue inside money (short-term liabilities believed to be convertible int…
Threshold cascades with response heterogeneity in multiplex networks
Kyu-Min Lee, Charles D. Brummitt, K. -I. Goh
Threshold cascade models have been used to describe spread of behavior in social networks and cascades of default in financial networks. In some cases, these networks may have mult…