Mathematical modeling and optimal control of the impact of rumors on the banking crisis
The bank run phenomenon, mostly due to rumor spread about the financial health of given financial institutions, is prejudicious to the stability of financial systems. In this paper, by using the epidemiological approach, we propose a nonlinear model for describing the impact of rumor on the banking...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
De Gruyter
2022-05-01
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| Series: | Demonstratio Mathematica |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/dema-2022-0007 |