Resilience is a system’s ability to retain its basic functionality in the presence of stresses and failures. Despite widespread consequences, events leading to loss of resilience — such as cascading failures in technological systems or financial networks — are rarely predictable and often irreversible. This research initiative investigates how all manner of networks can structure themselves so they are more protected against collapse from within.
The Warren Center brings together faculty affiliates from across the University to explore how to maximize the benefits of networks while minimizing the potential for real catastrophe. This includes a particular focus on increasing the resilience of a networked system to endogenous risks by increasing the resilience of the individual components, as well as anticipating how agents in the system will respond to these changes.