Purpose – The purpose of this paper is to contribute to the debate on the current economic crisis and to highlight the importance of the counter‐party credit risk, which was surprisingly neglected by the Basel Committee on Banking Supervision in its proposed enhancements to the Basel II...

Purpose – The main purposes of this paper are to provide evidence about corporate failure diagnosis in SMEs, identify the predictor variables that enhance the accuracy of the corporate failure diagnosis models, and perform comparative analysis of the proposed models with the existing...

Purpose –The main purposes of this paper are to provide evidence about corporate failure diagnosis in SMEs, identify the predictor variables that enhance the accuracy of the corporate failure diagnosis models, and perform comparative analysis of the proposed models with the existing...

We propose a model for the localization of risky information in social (scale free) networks where we assume that risky information can propagate only between “mutually trusted nodes” (MTN). We propose an algorithm to construct the MTN network and show that there is a critical value m¯c2 of...

We examine the evolution of the vocabulary of a group of individuals (linguistic agents) on a scale-free network, using Monte Carlo simulations and assumptions from evolutionary game theory. It is known that when the agents are arranged in a two-dimensional lattice structure and interact by...