A Study on the Contagion Mechanism of Associated Credit Risk with Risk Information Lag

DOI

10.2991/febm-18.2018.38How to use a DOI?

Keywords

Risk information lag; Associated credit risk; Contagion mechanism; Associated individual network

Abstract

Based on the epidemic model and complex network theory, this paper discusses the impact mechanism of risk information spreading and its lag on the associated credit risk contagion. The results of the study show that the lag of risk information do not affect the stability of risk equilibrium. Moreover, under the condition of risk stability, the density of susceptible individuals with protective awareness, the density of the infected individuals and the cumulative density of risk awareness are independent of the network structure, but are influenced by these 9 parameters such as the recovery rate of the infected individuals and the effective transmission rate of the risk information. Furthermore, the density of protected conscious susceptible individuals and the density of the infected individuals decrease with the increase of the risk awareness transmission efficiency and the effective transmission rate of risk awareness.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Kai Xu
AU  - Zongfang Zhou
AU  - Xiaofeng Xie
PY  - 2018/12
DA  - 2018/12
TI  - A Study on the Contagion Mechanism of Associated Credit Risk with Risk Information Lag
BT  - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
PB  - Atlantis Press
SP  - 160
EP  - 165
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-18.2018.38
DO  - 10.2991/febm-18.2018.38
ID  - Xu2018/12
ER  -