Abstract
Systemic risk
George Papanicolaou
Stanford University
I will present a review of some mathematical
models for the assessment of systemic risk, that is, the probability that a sharp overall transition will occur in a highly interconnected stochastic system which functions in a seemingly normal state until this event occurs.
models for the assessment of systemic risk, that is, the probability that a sharp overall transition will occur in a highly interconnected stochastic system which functions in a seemingly normal state until this event occurs.
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