Pathways towards instability in financial networks

The spread of instabilities in financial systems, similarly to ecosystems, is influenced by topological features of the underlying network structures. Here the authors show, independently of specific financial models, that market integration and diversification can drive the system towards instabili...

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Bibliographic Details
Main Authors: Marco Bardoscia, Stefano Battiston, Fabio Caccioli, Guido Caldarelli
Format: Article
Language:English
Published: Nature Publishing Group 2017-02-01
Series:Nature Communications
Online Access:https://doi.org/10.1038/ncomms14416