IDEAS home Printed from https://ideas.repec.org/a/nat/natcom/v16y2025i1d10.1038_s41467-024-54342-7.html
   My bibliography  Save this article

Structure, motion, and multiscale search of traveling networks

Author

Listed:
  • Nate J. Cira

    (Cornell University)

  • Morgan L. Paull

    (Stanford University
    BridgeBio Pharma)

  • Shayandev Sinha

    (Harvard University
    Intel Corporation)

  • Fabio Zanini

    (UNSW Sydney)

  • Eric Yue Ma

    (University of California
    University of California
    Lawrence Berkeley National Laboratory)

  • Ingmar H. Riedel-Kruse

    (University of Arizona
    University of Arizona)

Abstract

Network models are widely applied to describe connectivity and flow in diverse systems. In contrast, the fact that many connected systems move through space as the result of dynamic restructuring has received little attention. Therefore, we introduce the concept of ‘traveling networks’, and we analyze a tree-based model where the leaves are stochastically manipulated to grow, branch, and retract. We derive how these restructuring rates determine key attributes of network structure and motion, enabling a compact understanding of higher-level network behaviors such as multiscale search. These networks self-organize to the critical point between exponential growth and decay, allowing them to detect and respond to environmental signals with high sensitivity. Finally, we demonstrate how the traveling network concept applies to real-world systems, such as slime molds, the actin cytoskeleton, and human organizations, exemplifying how restructuring rules and rates in general can select for versatile search strategies in real or abstract spaces.

Suggested Citation

  • Nate J. Cira & Morgan L. Paull & Shayandev Sinha & Fabio Zanini & Eric Yue Ma & Ingmar H. Riedel-Kruse, 2025. "Structure, motion, and multiscale search of traveling networks," Nature Communications, Nature, vol. 16(1), pages 1-8, December.
  • Handle: RePEc:nat:natcom:v:16:y:2025:i:1:d:10.1038_s41467-024-54342-7
    DOI: 10.1038/s41467-024-54342-7
    as

    Download full text from publisher

    File URL: https://www.nature.com/articles/s41467-024-54342-7
    File Function: Abstract
    Download Restriction: no

    File URL: https://libkey.io/10.1038/s41467-024-54342-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. An Zeng & Zhesi Shen & Jianlin Zhou & Ying Fan & Zengru Di & Yougui Wang & H. Eugene Stanley & Shlomo Havlin, 2019. "Increasing trend of scientists to switch between topics," Nature Communications, Nature, vol. 10(1), pages 1-11, December.
    2. Mitchell, Mark L. & Mulherin, J. Harold, 1996. "The impact of industry shocks on takeover and restructuring activity," Journal of Financial Economics, Elsevier, vol. 41(2), pages 193-229, June.
    3. Duncan J. Watts & Steven H. Strogatz, 1998. "Collective dynamics of ‘small-world’ networks," Nature, Nature, vol. 393(6684), pages 440-442, June.
    4. Penrose, Edith, 2009. "The Theory of the Growth of the Firm," OUP Catalogue, Oxford University Press, edition 4, number 9780199573844, Decembrie.
    5. Harford, Jarrad, 2005. "What drives merger waves?," Journal of Financial Economics, Elsevier, vol. 77(3), pages 529-560, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fu, Fangjian & Lin, Leming & Officer, Micah S., 2013. "Acquisitions driven by stock overvaluation: Are they good deals?," Journal of Financial Economics, Elsevier, vol. 109(1), pages 24-39.
    2. Kaoru Hosono & Koji Sakai & Kotaro Tsuru, 2009. "Consolidation of Banks in Japan: Causes and Consequences," NBER Chapters, in: Financial Sector Development in the Pacific Rim, pages 265-309, National Bureau of Economic Research, Inc.
    3. Song, Moon H. & Walkling, Ralph A., 2005. "Anticipation, Acquisitions and Bidder Returns," Working Paper Series 2005-11, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
    4. Marc Berninger & Markus Klug & Dirk Schiereck, 2018. "Börsenrückzüge infolge steigender Corporate-Governance-Anforderungen – Empirische Evidenz von 13 europäischen Kapitalmärkten [Delistings due to Increased Corporate Governance Requirements – Empiric," Schmalenbach Journal of Business Research, Springer, vol. 70(4), pages 351-391, December.
    5. Basnet, Anup & Davis, Frederick & Walker, Thomas & Zhao, Kun, 2021. "The effect of securities class action lawsuits on mergers and acquisitions," Global Finance Journal, Elsevier, vol. 48(C).
    6. Gopalakrishnan, Balagopal & Jacob, Joshy & Srivastava, Jagriti, 2022. "Fishing in muddy waters: Mergers and acquisitions during uncertainty," IIMA Working Papers WP 2022-09-02, Indian Institute of Management Ahmedabad, Research and Publication Department.
    7. Fuad, Mohammad & Gaur, Ajai S., 2019. "Merger waves, entry-timing, and cross-border acquisition completion: A frictional lens perspective," Journal of World Business, Elsevier, vol. 54(2), pages 107-118.
    8. Pablo Moran, 2017. "Information Revelation in Merger Waves," The Review of Corporate Finance Studies, Society for Financial Studies, vol. 6(2), pages 174-233.
    9. Benjamin C. Ayers & Craig E. Lefanowicz & John R. Robinson, 2007. "Capital Gains Taxes and Acquisition Activity: Evidence of the Lock†in Effect," Contemporary Accounting Research, John Wiley & Sons, vol. 24(2), pages 315-344, June.
    10. Igor Semenenko, 2019. "Rumor Mill and Merger Waves: Analysis of Aggregate Market Activity," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 9(2), pages 1-5.
    11. Ovtchinnikov, Alexei V., 2013. "Merger waves following industry deregulation," Journal of Corporate Finance, Elsevier, vol. 21(C), pages 51-76.
    12. Pulak Mishra, 2018. "Are Mergers and Acquisitions Necessarily Anti-competitive? Empirical Evidence from India’s Manufacturing Sector," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(3), pages 276-307, August.
    13. Gärtner, Dennis L. & Halbheer, Daniel, 2009. "Are there waves in merger activity after all?," International Journal of Industrial Organization, Elsevier, vol. 27(6), pages 708-718, November.
    14. Duchin, Ran & Schmidt, Breno, 2013. "Riding the merger wave: Uncertainty, reduced monitoring, and bad acquisitions," Journal of Financial Economics, Elsevier, vol. 107(1), pages 69-88.
    15. Dyaran Bansraj & Han Smit & Vadym Volosovych, 2020. "Can Private Equity Funds Act as Strategic Buyers? Evidence from Buy-and-Build Strategies," Tinbergen Institute Discussion Papers 20-041/IV, Tinbergen Institute.
    16. Abdullah Mamun & Dev Mishra, 2012. "Industry Merger Intensity and Cost of Capital," International Review of Finance, International Review of Finance Ltd., vol. 12(4), pages 469-490, December.
    17. Pierre Lasserre & Moez Souissi, 2007. "It Takes Two to Tango. La fusion : exercice de deux options réelles," Économie et Prévision, Programme National Persée, vol. 178(2), pages 51-65.
    18. Zhu, Jiaqing & Li, Guangzhong & Li, Jie, 2017. "Merge to be too big to fail: A real option approach," International Review of Economics & Finance, Elsevier, vol. 51(C), pages 342-353.
    19. Borell, Mariela & Heger, Diana, 2013. "Sources of value creation through private equity-backed mergers and acquisitions: The case of buy-and-build strategies," ZEW Discussion Papers 13-094, ZEW - Leibniz Centre for European Economic Research.
    20. Sandy Klasa & Mike Stegemoller, 2007. "Takeover Activity as a Response to Time‐Varying Changes in Investment Opportunity Sets: Evidence from Takeover Sequences," Financial Management, Financial Management Association International, vol. 36(2), pages 1-25, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nat:natcom:v:16:y:2025:i:1:d:10.1038_s41467-024-54342-7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.nature.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.