Screen LibraryEconophysics of systemic risk and network dynamics /
The primary goal of the book is to present the ideas and research findings of active researchers such as physicists, economists, mathematicians and financial engineers working in the field of "Econophysics," who have undertaken the task of modelingand analyzing systemic risk, network dynam...
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| Corporate Authors: | |
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| Group Author: | |
| Published: |
Springer,
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| Publisher Address: | Milan ; New York : |
| Publication Dates: | 2013. |
| Literature type: | eBook |
| Language: | English |
| Series: |
New economic windows,
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| Subjects: | |
| Online Access: |
http://dx.doi.org/10.1007/978-88-470-2553-0 |
| Summary: |
The primary goal of the book is to present the ideas and research findings of active researchers such as physicists, economists, mathematicians and financial engineers working in the field of "Econophysics," who have undertaken the task of modelingand analyzing systemic risk, network dynamics and other topics.Of primary interest in these studies is the aspect of systemic risk, which has long been identified as a potential scenario in which financial institutions trigger a dangerous contagion mechanism, spreading from the financial economy to the real economy.This type of risk, long confined to the monetary market, has spread considerably in the recent past, culminating in the subprime crisis of 2008. As such, understanding and controlling systemic risk has become an extremely important societal and economic challenge. The Econophys-Kolkata VI conference proceedings are dedicated to addressing a number of key issues involved. Several leading researchers in these fields report on their recent work and also review contemporary literature on the subject |
| Carrier Form: | 1 online resource (viii, 298 pages). |
| Bibliography: | Includes bibliographical references. |
| ISBN: |
9788847025530 (electronic bk.) 8847025532 (electronic bk.) |
| Index Number: | HB137 |
| CLC: | F224.0-532 |
| Contents: |
Part 1. Systemic risk, network dynamics and other empirical studies -- Diffusion of Defaults Among Financial Institutions / Systemic Risk and Complex Systems: A Graph-Theory Analysis / Omori Law After Exogenous Shocks on Supplier-Customer Network / Aftershock Prediction for High-Frequency Financial Markets' Dynamics / How Unstable Are Complex Financial Systems? Analyzing an Inter-bank Network of Credit Relations / Study of Statistical Correlations in Intraday and Daily Financial Return Time Series / A Robust Measure of Investor Contrarian Behaviour / Evolution of Zipf's Law for Indian Urban Agglomerations Vis-a -Vis Chinese Urban Agglomerations / Model-based studies -- Reaction to Extreme Events in a Minimal Agent Based Model / Predatory Trading and Risk Minimisation: How to (B)Eat the Competition / Statistical Mechanics of Labor Markets / Kolkata Paise Restaurant Problem: An Introduction / Kolkata Paise Restaurant Problem and the Cyclically Fair Norm / An Introduction to Multi-player, Multi-choice Quantum Games: Quantum Minority Games & Kolkata Restaurant Problems / Miscellaneous reports -- Cluster Analysis and Gaussian Mixture Estimation of Correlated Time-Series by Means of Multi-dimensional Scaling / Analyzing Crisis in Global Financial Indices / Study of Systemic Risk Involved in Mutual Funds / Characterizing Price Index Behavior Through Fluctuation Dynamics / |