Cover -- Half-title -- Title -- Copyright -- Dedication -- Contents -- Preface -- Acknowledgements -- 1 A primer on collateralised debt obligations -- 1.1 Introduction -- 1.2 Securitisation and tranching -- 1.3 Credit derivative products -- 1.3.1 Credit default swaps (CDSs) -- 1.3.1.1 Forward...

The impact of climate events on the economic and financial systems is of particular interest as societies navigate the transition towards a net-zero state (dealing with both physical and transition risk). Agent based models are a powerful modelling technique that can be used to model these...

Bordo and Helbing (2003) examine the business cycle in Western economies over the 1881-2001 period. They examine four distinct periods in economic history and conclude that there is a secular trend towards greater synchronisation for much of the 20th century, and that it takes place across these...

In situations of what we now describe as radical uncertainty, the core model of agent behaviour, of rational autonomous agents with stable preferences, is not useful. Instead, a different principle, in which the decisions of an agent are based directly on the decisions and strategies of other...