Liquidity Hoarding in Financial Networks: The Role of Structural Uncertainty
The dynamics of confidence affect a plethora of financial phenomena including liquidity hoarding. We present a multiagent model of a financial network in which confidence dynamics are shaped by structural uncertainty—that is, the lack of knowledge about the network of interbank cross-exposures. Duri...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi-Wiley
2019-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2019/8436505 |