Simultaneous failure of just two low-risk firms can cause up to 257 times the systemic damage of their separate failures, driven by the breakdown of supplier substitution.
Supply chain network rewiring dynamics at the firm level.PNAS Nexus, 5(4):pgag091, April 2026
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Catastrophic disruption cascades driven by the nonlinearity of systemic risk
Simultaneous failure of just two low-risk firms can cause up to 257 times the systemic damage of their separate failures, driven by the breakdown of supplier substitution.