The bankruptcy problem in financial networks

DOI10.1016/J.ECONLET.2018.05.034MaRDI QIDQ1787698zbMATH OpenOpenAlexFDO

Authors Michael J. Stutzer

Publication date 5 October 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2018.05.034

zbMATH Keywords

contagionNash bargainingfinancial networksdefault resolution

Mathematics Subject Classification ID

Deterministic network models in operations research (90B10) Auctions, bargaining, bidding and selling, and other market models (91B26) Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Actuarial science and mathematical finance (91G99)

Cites work

• Systemic risk in financial systems
• The Use of Linear Programming in Disentangling the Bankruptcies of Al-Manakh Stock Market Crash
• The bankruptcy problem: A cooperative bargaining approach

Cited in

(4)

• Optimal capital structure and simultaneous bankruptcy of firms in corporate networks
• Defaulting firms and systemic risks in financial networks: a normative approach
• On the resolution of cross-liabilities
• Proportional clearing mechanisms in financial systems: an axiomatic approach

This page was built for publication: The bankruptcy problem in financial networks

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1787698)