This paper defines isomorphism for network formation that is not mathematically isomorphic. Once the pattern of network formation is characterized, one can test for (i) location fixed effects, (ii) heterogeneity, (iii) private information allowing for long-term contracts. The paper provides...

Our dual objectives are to explore how commercially available quantum hardware and algorithms can solve real world problems in finance, and then to compare quantum solutions to their classical counterparts. Specifically, we use the D-Wave quantum annealing computer (D-Wave 2000Q) to address the...

The typical way in which contemporary society, associated with neoliberalism, is managed can be characterized as algorithmic governance. Social networks like Facebook are taken as a model for the operation of this type of governance. To comprehend its dynamics, algorithmic governance is examined...

This paper defines isomorphism for network formation that is not mathematically isomorphic. Once the pattern of network formation is characterized, one can test for (i) location fixed effects, (ii) heterogeneity, (iii) private information allowing for long-term contracts. The paper provides...

We analyse the equilibrium behaviour of a large network of banks in presence of incomplete information, where inter-bank borrowing and lending is allowed, and banks suffer shocks to assets. In a two time period graphical model, we show that the equilibrium wealth distribution is the unique fixed...

We define and study a correlation based notion of equity market centrality. This is pursued by examining the minimum spanning tree of a complete market graph that represents trading pattern similarities between the members of indices of equity securities. Specifically, we consider the degree...