The Influence of Entrepreneur Behavior on Credit Risk Contagion

The rescue behavior and information dissemination behavior of entrepreneurs affect the number of infected enterprises and thus the credit risk contagion. We construct an epidemic model considering entrepreneurial behavior. A double -layer network consisting of entrepreneur social network and enterpr...

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Main Authors: Jingyi Zhang, Xuejuan Liu
Format: Article
Language:English
Published: IEEE 2023-01-01
Series:IEEE Access
Subjects:
Online Access:https://ieeexplore.ieee.org/document/10155134/
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author Jingyi Zhang
Xuejuan Liu
author_facet Jingyi Zhang
Xuejuan Liu
author_sort Jingyi Zhang
collection DOAJ
description The rescue behavior and information dissemination behavior of entrepreneurs affect the number of infected enterprises and thus the credit risk contagion. We construct an epidemic model considering entrepreneurial behavior. A double -layer network consisting of entrepreneur social network and enterprise network is built based on the small world network. Through theoretical analysis of the threshold and simulation of the model, the impact of entrepreneurs’ rescue behavior and information dissemination behavior on credit risk contagion is studied. The results are as follows. Both the rescue and the information dissemination behavior of entrepreneurs are conducive to restraining the contagion of credit risk, while the rescue behavior has a better influence on controlling the contagion. In addition, the tendency of rescue objectives will affect the credit risk contagion. Moreover, improving the social rate among entrepreneurs is conducive to curbing the credit risk contagion. Last but not least, reducing the similarity between entrepreneur social network and enterprise network is of great significance to control the credit risk contagion.
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spelling doaj.art-8fd1efe04ec54964bcbcc71a2a8f5ae72023-06-23T23:00:36ZengIEEEIEEE Access2169-35362023-01-0111613466135710.1109/ACCESS.2023.328726810155134The Influence of Entrepreneur Behavior on Credit Risk ContagionJingyi Zhang0Xuejuan Liu1https://orcid.org/0000-0002-8520-1711School of Economics and Management, University of Science and Technology Beijing, Beijing, ChinaSchool of Economics and Management, University of Science and Technology Beijing, Beijing, ChinaThe rescue behavior and information dissemination behavior of entrepreneurs affect the number of infected enterprises and thus the credit risk contagion. We construct an epidemic model considering entrepreneurial behavior. A double -layer network consisting of entrepreneur social network and enterprise network is built based on the small world network. Through theoretical analysis of the threshold and simulation of the model, the impact of entrepreneurs’ rescue behavior and information dissemination behavior on credit risk contagion is studied. The results are as follows. Both the rescue and the information dissemination behavior of entrepreneurs are conducive to restraining the contagion of credit risk, while the rescue behavior has a better influence on controlling the contagion. In addition, the tendency of rescue objectives will affect the credit risk contagion. Moreover, improving the social rate among entrepreneurs is conducive to curbing the credit risk contagion. Last but not least, reducing the similarity between entrepreneur social network and enterprise network is of great significance to control the credit risk contagion.https://ieeexplore.ieee.org/document/10155134/Credit riskentrepreneur behaviorepidemic modelssmall world network
spellingShingle Jingyi Zhang
Xuejuan Liu
The Influence of Entrepreneur Behavior on Credit Risk Contagion
IEEE Access
Credit risk
entrepreneur behavior
epidemic models
small world network
title The Influence of Entrepreneur Behavior on Credit Risk Contagion
title_full The Influence of Entrepreneur Behavior on Credit Risk Contagion
title_fullStr The Influence of Entrepreneur Behavior on Credit Risk Contagion
title_full_unstemmed The Influence of Entrepreneur Behavior on Credit Risk Contagion
title_short The Influence of Entrepreneur Behavior on Credit Risk Contagion
title_sort influence of entrepreneur behavior on credit risk contagion
topic Credit risk
entrepreneur behavior
epidemic models
small world network
url https://ieeexplore.ieee.org/document/10155134/
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