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players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion … or not. In this paper we introduce general weighted voting games, where the value of a coalition is a random variable. We …
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players are the parties and the value of a coalition may be 1 or 0 depending on the ability of the coalition to pass a motion … or not. In this paper we introduce general weighted voting games, where the value of a coalition is a random variable. We …
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The most fundamental form of systemic risk in modern financial networks is contagion. In this article we describe a homogeneous banking system (banks with identical preferences and the same size of total assets) with interconnectedness: banks own shares in each others' assets. Using these...
Persistent link: https://www.econbiz.de/10011444397