CLEARING IN FINANCIAL NETWORKS
| Affiliation auteurs | !!!! Error affiliation !!!! |
| Titre | CLEARING IN FINANCIAL NETWORKS |
| Type de publication | Journal Article |
| Year of Publication | 2018 |
| Auteurs | Kabanov YM, Mokbel R., Bitar KEl |
| Journal | THEORY OF PROBABILITY AND ITS APPLICATIONS |
| Volume | 62 |
| Pagination | 252-277 |
| Type of Article | Article |
| ISSN | 0040-585X |
| Mots-clés | clearing, financial networks, Knaster-Tarski theorem, systemic risk |
| Résumé | This paper is a survey of recent results on the clearing in financial systems. Mathematically, the principal questions of the reviewed studies are on the existence and uniqueness of solutions of specific nonlinear equations x = f(x), where f: R-d \textbackslashar=r\textbackslash R-d is a mapping defined via stochastic and substochastic matrices. Some algorithms of calculations of fixed points are discussed. |
| DOI | 10.1137/S0040585X97T988599 |