Back to Search Start Over

Complexity theory and financial regulation.

Authors :
Battiston, Stefano
Farmer, J. Doyne
Flache, Andreas
Garlaschelli, Diego
Haldane, Andrew G.
Heesterbeek, Hans
Hommes, Cars
Jaeger, Carlo
May, Robert
Scheffer, Marten
Source :
Science. 2/19/2016, Vol. 351 Issue 6275, p818-819. 2p.
Publication Year :
2016

Abstract

The article discusses the application of complexity theory and financial regulations in monitoring and managing the financial systems. It refers to a study which shows that standard analysis using a homogenous network model could lead to late detection of the 2008 crisis. It notes that generic empirical quantitative indicators of resilience may be used across complex systems to detect tipping points.

Details

Language :
English
ISSN :
00368075
Volume :
351
Issue :
6275
Database :
Academic Search Index
Journal :
Science
Publication Type :
Academic Journal
Accession number :
113225248
Full Text :
https://doi.org/10.1126/science.aad0299