The bankruptcy problem in financial networks
Economics Letters, 2018, vol. 170, issue C, 31-34
The bankruptcy problem of resolving a single debt owed to multiple creditors is extended to financial networks, where there are multiple debtors and creditors.
Keywords: Financial networks; Contagion; Default resolution; Nash Bargaining (search for similar items in EconPapers)
JEL-codes: C78 G21 K22 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:170:y:2018:i:c:p:31-34
Access Statistics for this article
Economics Letters is currently edited by Economics Letters Editorial Office
More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().