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Si-Yao Wei

Publications and source records attributed to Si-Yao Wei.

4 recordsLinked to original sources

On the existence of Ulanowicz's optimal structural resilience in complex networks

This study provides a foundational theoretical investigation into the mathematical existence and asymptotic properties of Ulanowicz's structural resilience. While ecological evidence suggests that sustainable systems gravitate toward an optimal efficiency-redundancy balance at $α= 1/\mathrm{e}$, the mathematical attainability of this configuration across broader network topologies remains unverified. We rigorously prove that while optimal resilience is structurally unattainable in two-node networks, there exists at least one optimal flow configuration within the feasible probability space for any weighted and directed network with the network size $N_\mathcal{V} \geq 3$ and no self-loops. To make the derivations analytically tractable, we introduce a parameterized symmetric network model with uniform marginal distributions. Using this stylized ansatz, our analytical and numerical results reveal that maintaining the optimal state requires distinct asymptotic scaling behaviors as $N_\mathcal{V}$ increases: adjacent primary links scale as $O(N_\mathcal{V}^{-1})$, whereas non-adjacent background links exhibit a steeper quadratic decay of $O(N_\mathcal{V}^{-2})$ with specific logarithmic corrections. Rather than serving as an immediate engineering tool, this work establishes a rigorous mathematical boundary for the optimal resilience framework, demonstrating analytically how an optimally resilient system differentiates into high-throughput primary channels and sparse redundancy pathways.

physics.soc-ph

From centrality to productivity: How firms reconfigure technological search in innovation networks?

Firms' positions in innovation networks determine their access to external knowledge, yet how these positions shape technological search behavior and influence productivity remains underexplored. We propose that central network positions systematically reconfigure firms' innovation strategies by promoting exploratory search across emerging technological domains while sustaining broader technological portfolios. This behavioral reorientation allows central firms to diversify their innovation efforts and leverage knowledge spillovers more effectively, translating network advantages into higher productivity. Using panel data on Chinese listed firms and patent-based measures of innovation networks, we construct a dynamic patent citation network to track changes in firms' network centrality and technological search patterns over time. Our findings show that firms with greater centrality are more likely to enter novel technological fields and expand their technological scope, leading to measurable gains in total factor productivity. We further demonstrate that the impact of network centrality on exploratory search is amplified by scientific embeddedness, whereas the productivity returns from exploration depend on technological distance. By connecting structural network positions with behavioral adaptations in technological search, this study uncovers a direct micro-level mechanism through which innovation networks drive firm performance. These results highlight the strategic value of network centrality in shaping not just access to knowledge, but also the direction and efficiency of innovation activities.

physics.soc-ph

Uncertainty and financial market resilience: Evidence from China

Financial market resilience reflects the ability of a financial market to withstand external shocks and to recover from them, while its measurement has yet to be standardized. Accordingly, this paper quantifies the adaptability and recoverability of China's total financial market and five key sub-markets as both proxy indicators of their resilience. The results highlight the event-driven nature of China's financial market resilience and reveal a strong correlation between the two indicators, which is more pronounced in the stock and bond markets. Using the Diebold-Yilmaz connectedness approach, we further examine volatility spillovers among resilience of sub-markets and identify the foreign exchange market as a major transmitter of spillovers, whereas the stock and bulk commodity markets primarily act as net recipients of spillovers. Moreover, we analyze the impacts of five China-related uncertainties on financial market resilience. Overall, geopolitical risks, economic and trade policy uncertainty, and U.S.-China tensions exert significant negative impacts on total market resilience, while the effect of climate policy uncertainty remains less pronounced. Importantly, the impacts of different uncertainties exhibit heterogeneity across resilience of sub-markets. Our findings not only enrich the resilience measurement of financial market but also provide new evidence to inform targeted risk management and policy design aimed at strengthening financial system's resilience.

q-fin.RM

Quantifying the dynamic structural resilience of international staple food trade networks: An entropy-based approach

Establishing a resilient food trade system is an international consensus on safeguarding food security amid growing disruptions. However, a unified resilience framework has yet to be established, leading to the proliferation of diverse measures. Here, we conceptualize resilience as a trade-off between efficiency and redundancy and employ an entropy-based approach to quantify the dynamic structural resilience of international trade networks for maize, rice, soybean, and wheat from 1986 to 2022. Using index decomposition analysis, we also investigate the relative contributions of internal components to resilience dynamics. Within this framework, despite heterogeneity across different food commodities, we find that current trade networks are relatively redundant, with improvements in efficiency being the dominant driver of changes in resilience. In addition, we reveal a historically pronounced impact of flow concentrations on resilience, while trade interactions have become increasingly important in recent years. Following the leave-one-out approach, we furthermore identify critical economies and trade relationships that disproportionately affect the overall resilience, some of which are less well-focused in previous studies. Moreover, we highlight that overconcentration of flows along core trade relationships may undermine both efficiency and resilience, whereas peripheral trade networks may play strategic alternative roles in sustaining resilience, underscoring the importance of concentrating on developing economies and promoting broader trade links. These findings not only provide new insights for assessing the resilience of international food trade systems but also propose directions for strengthening resilience through both regional cooperation and more inclusive trade relations.

physics.soc-ph