structure of price interdependencies across stocks. For correct empirical network determination of such dynamic liquidity price … bootstrap procedure. We document the importance of LOB liquidity network spillovers even for a small blue-chip NASDAQ portfolio. …

We study revenue volatility of a monopolist selling a divisible good to consumers in the presence of local network … neighbors in a network through network externalities. In the eye of the seller, there exist uncertainties in the network … represents the underlying network. Our results indicate that in networks with a smaller largest eigenvalue, the monopolist has a …

This working paper is an excerpt on the recent finding of the network effect in the stock market. Specifically I … prescribed in modern portfolio theory. The tail risk is omnipresent in the financial market …

financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of … the supply network determine both whether aggregate volatility disappears as the number of sectors increases (i … aggregate output from its mean) to sector-specific volatility and to the structural properties of the supply network …