How triangle structure in inter-firm human network affects bankruptcy evolution: An agent-based simulation study with real and artificial data

Shihan Wang*, Mohsen Jafari Songhori, Shuang Chang, Takao Terano

*Corresponding author for this work

    Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

    Abstract

    This paper investigates the influence of human factors on the evolution of inter-firm trade network emerging from bankruptcy. In particular, we concentrate on a local interaction mechanism, conceptualized as triangle structure, within the inter-firm human network. An agent-based model is employed to explore the effects of triangle structure-related properties in both real inter-firm human network constructed from empirical data of thousands Japanese firms, and artificially generated ones. The simulation results confirm the influential role of triangle structure-related human factors in bankruptcy: it not only enhances the benefits that firms can obtain from their inter-firm relationships, but also provides firms with few business partners the equal chance to survive in the bankrupt emergency.

    Original languageEnglish
    Title of host publicationAdvances in Human Factors in Simulation and Modeling
    Subtitle of host publicationProceedings of the AHFE 2017 International Conference on Human Factors in Simulation and Modeling, July 17-21, 2017, The Westin Bonaventura Hotel, Los Angeles, California, USA
    EditorsDaniel N. Cassenti
    Place of PublicationCham
    PublisherSpringer
    Pages285-296
    Number of pages12
    ISBN (Electronic)978-3-319-60591-3
    ISBN (Print)978-3-319-60590-6
    DOIs
    Publication statusPublished - 1 Jan 2018
    EventAHFE 2017 International Conference on Human Factors in Simulation and Modeling - The Westin Bonaventura Hotel, Los Angeles, United States
    Duration: 17 Jul 201721 Jul 2017

    Publication series

    NameAdvances in Intelligent Systems and Computing
    PublisherSpringer
    Volume591
    ISSN (Print)2194-5357
    ISSN (Electronic)2194-5365

    Conference

    ConferenceAHFE 2017 International Conference on Human Factors in Simulation and Modeling
    Abbreviated titleAHFE 2017
    CountryUnited States
    CityLos Angeles
    Period17/07/1721/07/17

    Keywords

    • Agent-based simulation
    • Bankruptcy evolution
    • Human factors
    • Inter-firm trade network
    • Social network analysis
    • Triangle structure

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