Nature Communications (Feb 2017)

Pathways towards instability in financial networks

  • Marco Bardoscia,
  • Stefano Battiston,
  • Fabio Caccioli,
  • Guido Caldarelli

DOI
https://doi.org/10.1038/ncomms14416
Journal volume & issue
Vol. 8, no. 1
pp. 1 – 7

Abstract

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The spread of instabilities in financial systems, similarly to ecosystems, is influenced by topological features of the underlying network structures. Here the authors show, independently of specific financial models, that market integration and diversification can drive the system towards instability.