Since the beginning of the financial crisis in 2007-2008, several mitigation policies have been considered in order to monitor and stabilize the financial system in the event of a shock. In this paper, we examine the financial network of systemically important banks as a cooperative game....

We consider second, third, fourth and fifth order stochastic dominance (SSD, TSD, FOSD and FISD, respectively) as well as decreasing absolute risk aversion (DARA) stochastic dominance (DSD). For comparison with DSD we also consider stochastic dominance (ESD) based on CARA utility functions....