TY - JOUR
T1 - Donation Networks in Underprivileged Communities
AU - Zambrano, Andres Felipe
AU - Díaz-García, Gilberto
AU - Ramírez, Santiago
AU - Giraldo, Luis Felipe
AU - Perdomo Pérez, Mónica Tatiana
AU - Hernández-Umaña, Iván D.
AU - Godoy Bejarano, Jesus Maria
PY - 2020/11/18
Y1 - 2020/11/18
N2 - Individuals who have very low income and belong to an underprivileged community have a challenging task when managing their financial life, typically due to negative unpredictable events and lack of health and financial services. Cooperation strategies based on savings and credits are becoming a very important option for these communities to address such challenges and to have some level of financial stability. Since designing new cooperation strategies takes a significant amount of time and effort, computational tools have been recently introduced to simulate and evaluate communities that implement these financial cooperation schemes. In this article, based on the theory that underlies these computational tools and theoretical concepts of cooperation, we propose a new cooperation strategy based on donations that are distributed between the members of the community according to the given network topology. Through mathematical and simulation analyses, we show the scenarios where the proposed cooperation strategy, based on altruistic behavior, can potentially improve the resiliency of the community to negative unpredictable events.
AB - Individuals who have very low income and belong to an underprivileged community have a challenging task when managing their financial life, typically due to negative unpredictable events and lack of health and financial services. Cooperation strategies based on savings and credits are becoming a very important option for these communities to address such challenges and to have some level of financial stability. Since designing new cooperation strategies takes a significant amount of time and effort, computational tools have been recently introduced to simulate and evaluate communities that implement these financial cooperation schemes. In this article, based on the theory that underlies these computational tools and theoretical concepts of cooperation, we propose a new cooperation strategy based on donations that are distributed between the members of the community according to the given network topology. Through mathematical and simulation analyses, we show the scenarios where the proposed cooperation strategy, based on altruistic behavior, can potentially improve the resiliency of the community to negative unpredictable events.
KW - Donation Networks
KW - Underprivileged Communities
M3 - Article
JO - IEEE Transactions on Computational Social Systems
JF - IEEE Transactions on Computational Social Systems
SN - 2329-924X
ER -