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The paper builds a causal network for the Chinese financial system based on the Granger causality of company risks, studies its different topologies in crisis and bull period, and applies the centrality to explain individual risk and prevent systemic risk. The results show that this causal...
Persistent link: https://www.econbiz.de/10010664844
Inspired by the local minority game, we propose a network Boolean game and investigate its dynamical properties on scale-free networks. The system can self-organize to a stable state with better performance than the random choice game, although only the local information is available to each...
Persistent link: https://www.econbiz.de/10010873032