Publication
The Korean Economic Forum
Coronomics: Self-Organization Phenomenon in Complex Network
Inje Kang (Korea Advanced Institute of Science and Technology) and Duk Hee Lee (Korea Advanced Institute of Science and Technology)Year 2022Vol. 15No. 2
Abstract
The skewed distribution has been observed in natural disaster, economy, and
so on. The current high proportion of the COVID-19 confirmed cases in the
Seoul Metropolitan Area seems to be its another case. The standard economics
fails to explain them since it mainly assumes the normal distribution. Thus, this
paper attempts to examine the pattern of COVID-19 cases occurrence in the
framework of complex network and explore the uncertain effect of the social
distancing policy. The results showed the distribution of COVID-19 cases
followed a power law distribution with a fatter tail than the population
distribution. Also we confirmed that the social distancing policy has a limited
effect in the high population density area like Seoul Metropolitan Area because
of the self-organization mechanism of large-scale network. This study implies
that the complex network approach is necessary to better understand the
contemporary socioeconomic system.