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SUPPLY AND PRODUCTION NETWORKS: FROM THE BULLWHIP EFFECT TO BUSINESS CYCLES

SUPPLY AND PRODUCTION NETWORKS: FROM THE BULLWHIP EFFECT TO BUSINESS CYCLES

Network theory is rapidly changing our understanding of complex systems, but the relevance of topological features for the dynamic behavior of metabolic networks, food webs, production systems, information networks, or cascade failures of power grids remains to be explored. Based on a simple model of networks, we offer an interpretation …