6 papers
Catastrophic disruption cascades driven by the nonlinearity of systemic risk
Jan Fialkowski, Shlomo Havlin, Stefan Thurner
Whether the COVID-19 pandemic or the Iran war, recent events have highlighted the systemic fragility of supply chains. Due to highly specific and mutual buyer-supplier dependencies…
Using firm-level supply chain networks to measure the speed of the energy transition
Johannes Stangl, András Borsos, Stefan Thurner
While many national and international climate policies clearly outline decarbonization targets and the timelines for achieving them, there is a notable lack of effort to objectivel…
Systemic risk mitigation in supply chains through network rewiring
Giacomo Zelbi, Leonardo Niccolò Ialongo, Stefan Thurner
The networked nature of supply chains makes them susceptible to systemic risk, where local firm failures can propagate through firm interdependencies that can lead to cascading sup…
Supply chain network rewiring dynamics at the firm-level
Tobias Reisch, András Borsos, Stefan Thurner
Supply chain networks (SCN) form the structural backbone of any society. They constitute the societal metabolism that literally produces everything for everybody by coordinating pr…
Combined climate stress testing of supply-chain networks and the financial system with nation-wide firm-level emission estimates
Zlata Tabachová, Christian Diem, Johannes Stangl +2
On the way towards carbon neutrality, climate stress testing provides estimates for the physical and transition risks that climate change poses to the economy and the financial sys…
A data-driven econo-financial stress-testing framework to estimate the effect of supply chain networks on financial systemic risk
Jan Fialkowski, Christian Diem, András Borsos +1
Supply chain disruptions constitute an often underestimated risk for financial stability. As in financial networks, systemic risks in production networks arises when the local fail…