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Starting from the \u201cSusceptible-Infected\u201d (SI) model of epidemics and its relation to the communicability functions of networks, we develop a series of risk-dependent centralities for nodes in (financial and economic) networks. We analyze here some of the most important mathematical properties of these risk-dependent centrality measures. In particular, we study the newly observed phenomenon of ranking interlacement, by means of which two entities may interlace their ranking positions in terms of risk in the network as a consequence of the change in the external conditions only, i.e., without any change in the topology. We test the risk-dependent centralities by studying two real-world systems: the network generated by collecting assets of the S&amp;P 100 and the corporate board network of the U.S. top companies, according to Forbes in 1999. We found that a high position in the ranking of the analyzed financial companies according to their risk-dependent centrality corresponds to companies more sensitive to the external market variations during the periods of crisis.<\/jats:p>","DOI":"10.1137\/19m1302041","type":"journal-article","created":{"date-parts":[[2020,6,2]],"date-time":"2020-06-02T16:19:14Z","timestamp":1591114754000},"page":"526-565","source":"Crossref","is-referenced-by-count":19,"title":["Risk-Dependent Centrality in Economic and Financial Networks"],"prefix":"10.1137","volume":"11","author":[{"given":"Paolo","family":"Bartesaghi","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Michele","family":"Benzi","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Gian Paolo","family":"Clemente","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Rosanna","family":"Grassi","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-3066-7418","authenticated-orcid":true,"given":"Ernesto","family":"Estrada","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"351","published-online":{"date-parts":[[2020,6,2]]},"reference":[{"key":"atypb1","unstructured":"F. 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