Contagion in Financial Networks
- Authors
- Prasanna Gai, Sujit Kapadia
- Year
- 2010
- Venue
- Proceedings of the Royal Society A, 466(2120)
- Category
- Financial Networks & Systemic Risk
- Domains
- liquidity networks
- Notes
- "Robust-yet-fragile": dense networks absorb small shocks but propagate large ones; source of the R₀ systemic-health metric.