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...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Nature Portfolio
2017-02-01
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| Series: | Nature Communications |
| Online Access: | https://doi.org/10.1038/ncomms14416 |
| _version_ | 1818952046645084160 |
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| author | Marco Bardoscia Stefano Battiston Fabio Caccioli Guido Caldarelli |
| author_facet | Marco Bardoscia Stefano Battiston Fabio Caccioli Guido Caldarelli |
| author_sort | Marco Bardoscia |
| collection | DOAJ |
| description | 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 instability. |
| first_indexed | 2024-12-20T09:44:09Z |
| format | Article |
| id | doaj.art-755ab98eab6c4bb6bc9e3c7ec3ff0980 |
| institution | Directory Open Access Journal |
| issn | 2041-1723 |
| language | English |
| last_indexed | 2024-12-20T09:44:09Z |
| publishDate | 2017-02-01 |
| publisher | Nature Portfolio |
| record_format | Article |
| series | Nature Communications |
| spelling | doaj.art-755ab98eab6c4bb6bc9e3c7ec3ff09802022-12-21T19:44:47ZengNature PortfolioNature Communications2041-17232017-02-01811710.1038/ncomms14416Pathways towards instability in financial networksMarco Bardoscia0Stefano Battiston1Fabio Caccioli2Guido Caldarelli3Department of Banking and Finance, University of ZurichDepartment of Banking and Finance, University of ZurichDepartment of Computer Science, University College LondonLondon Institute for Mathematical SciencesThe 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 instability.https://doi.org/10.1038/ncomms14416 |
| spellingShingle | Marco Bardoscia Stefano Battiston Fabio Caccioli Guido Caldarelli Pathways towards instability in financial networks Nature Communications |
| title | Pathways towards instability in financial networks |
| title_full | Pathways towards instability in financial networks |
| title_fullStr | Pathways towards instability in financial networks |
| title_full_unstemmed | Pathways towards instability in financial networks |
| title_short | Pathways towards instability in financial networks |
| title_sort | pathways towards instability in financial networks |
| url | https://doi.org/10.1038/ncomms14416 |
| work_keys_str_mv | AT marcobardoscia pathwaystowardsinstabilityinfinancialnetworks AT stefanobattiston pathwaystowardsinstabilityinfinancialnetworks AT fabiocaccioli pathwaystowardsinstabilityinfinancialnetworks AT guidocaldarelli pathwaystowardsinstabilityinfinancialnetworks |