Essays about: "Frank Nieuwendijk"
Found 1 essay containing the words Frank Nieuwendijk.
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1. Moral Hazard in Financial Networks
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : We develop a model of moral hazard within financial networks. By combining network theory, financial contagion theory and game theory we show that players in financial markets have the potential to exploit their positioning within the network. To illustrate the theory, we construct a simulation model where one bank has a defaulting external asset. READ MORE
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