A new mechanism to explain how a financial crisis happens

21 July 2015

Economists and scientists have proposed a new model to predict a financial crisis (a chain of bankruptcies) using a multiplex network model in which debts with different priorities are mutually held by banks.img src=”http://feeds.feedburner.com/~r/sciencedaily/~4/VAheYDUKtn8″ height=”1″ width=”1″ alt=””/
http://feeds.sciencedaily.com/~r/sciencedaily/~3/VAheYDUKtn8/150721102835.htm

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