This model demonstrates the spread of collapse through a network. The model is abstract but has many applications in various fields. One such application is based on the interpretation that each node represents a firm, and we are modeling the progress of collapse of a firm and its partners represented by link in this network. Each node may be in one of three states: stable, unstable, or collapsed. This model was originally developed by one of the authors (AC) name below, and the model is called Institutional Bundle Theory.
Version | Submitter | First published | Last modified | Status |
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1.0.0 | Alhaji Cherif | Mon Dec 15 23:35:23 2008 | Sat Apr 27 20:18:40 2013 | Published |