Uniqueness of Clearing Payment Matrices in Financial Networks

DOI10.1287/MOOR.2023.1354MaRDI QIDQ6189903zbMATH OpenOpenAlexFDO

Authors Péter Csóka, P. Jean-Jacques Herings

Publication date 5 March 2024

Published in Mathematics of Operations Research (Search for Journal in Brave)

Full work available at URL https://cris.maastrichtuniversity.nl/en/publications/83d80d83-6e2c-4b4f-a4f2-f091d4311206

zbMATH Keywords

bankruptcy rulesfinancial networksfixed pointssystemic risk

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Financial networks (including contagion, systemic risk, regulation) (91G45)

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Cited in

(8)

• On the unification of centralized and decentralized clearing mechanisms in financial networks
• On the uniqueness of clearing matrices in financial networks
• On priority-proportional payments in financial networks
• Overview of Hungarian operations research based on the VOCAL 2022 conference
• Duality in financial networks
• Merging-splitting-proofness in financial systems: a characterization result
• Two axiomatizations of the pairwise netting proportional rule in financial networks
• Dynamic clearing and contagion in financial networks

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