Shafi, Kamran; Bender, Axel; Zhong, Weicai; Abbass, … - In: Physica A: Statistical Mechanics and its Applications 391 (2012) 20, pp. 5004-5017
In a globalised world where risks spread through contagion, the decision of an entity to invest in securing its premises from stochastic risks no longer depends solely on its own actions but also on the actions of other interacting entities in the system. This phenomenon is commonly seen in many...