Showing 131 - 140 of 350
The growing importance of citation-based bibliometric indicators in shaping the prospects of academic careers incentivizes scientists to boost the numbers of citations they receive. Whereas the exploitation of self-citations has been extensively documented, the impact of reciprocated citations...
Persistent link: https://www.econbiz.de/10014112166
Systemic risk analysis has become a very important undertaking in most central banks after the Global Financial Crisis (GFC). This paper describes the Colombian credit system of banks and firms as a bipartite network of lenders and borrowers. To such network, we apply a spectral method to...
Persistent link: https://www.econbiz.de/10013357306
We study the emergence of instabilities in a stylized model of a financial market, when different market actors calculate prices according to different (local) market measures. We derive typical properties for ensembles of large random markets using techniques borrowed from statistical mechanics...
Persistent link: https://www.econbiz.de/10010600083
The structure of a society depends, to some extent, on the incentives of the individuals they are composed of. We study a stylized model of this interplay, that suggests that the more individuals aim at climbing the social hierarchy, the more society's hierarchy gets strong. Such a dependence is...
Persistent link: https://www.econbiz.de/10010569306
Persistent link: https://www.econbiz.de/10013271936
In this paper, we explore a dynamical version of by Aoki and Yoshikawa model (AYM) for an economy driven by demand. We show that when an appropriate Markovian dynamics is taken into account, AYM has different equilibrium distributions depending on the form of transition probabilities. In the...
Persistent link: https://www.econbiz.de/10010298574
In this paper, the authors explore a dynamical version of the Aoki and Yoshikawa model (AYM) for an economy driven by demand. They show that when an appropriate Markovian dynamics is taken into account, the AYM has different equilibrium distributions depending on the form of transition...
Persistent link: https://www.econbiz.de/10010298634
Persistent link: https://www.econbiz.de/10003741137
In this paper, we explore a dynamical version of by Aoki and Yoshikawa model (AYM) for an economy driven by demand. We show that when an appropriate Markovian dynamics is taken into account, AYM has different equilibrium distributions depending on the form of transition probabilities. In the...
Persistent link: https://www.econbiz.de/10003783611
Persistent link: https://www.econbiz.de/10008648392