Refine
Year of publication
- 2017 (7) (remove)
Document Type
- Article (5)
- Conference Proceeding (2)
Language
- English (7) (remove)
Has Fulltext
- yes (7)
Is part of the Bibliography
- no (7)
Keywords
- Akzeptanz (2)
- Patient (2)
- Smart Device (2)
- acceptance (2)
- digital divide (2)
- general practitioners (2)
- mHealth (2)
- mobile health (2)
- tablet (2)
- Adaptive IT Infrastructure (1)
- Allgemeinarzt (1)
- Bankruptcy costs (1)
- Batteriefahrzeug (1)
- Battery Electric Vehicles (1)
- Complex Event Processing (1)
- Context Awareness (1)
- Cross-holdings (1)
- Decision Support (1)
- Delphi (1)
- Delphi method characteristics (1)
- Delphi method variants (1)
- Empfehlungssystem (1)
- Financial contagion (1)
- Financial network (1)
- Fire sales (1)
- Hausarzt (1)
- Information systems research (1)
- Kontextbezogenes System (1)
- Mikro-Kraft-Wärme-Kopplung (1)
- Nachhaltigkeit (1)
- Portable Micro-CHP Unit (1)
- Prüfstand (1)
- Recommender System (1)
- SOA (1)
- Semantic Web (1)
- Semantic Web Technologies (1)
- Serviceorientierte Architektur (1)
- Situation Awareness (1)
- Smartphone (1)
- Systemic risk (1)
- Taxonomy (1)
- Test Bench (1)
- complex event processing (1)
- distributed evacuation coordination (1)
- evacuation guidance (1)
- real-time routing (1)
- situation aware routing (1)
- smartphone (1)
Institute
- Fakultät IV - Wirtschaft und Informatik (7) (remove)
The paper presents a comprehensive model of a banking system that integrates network effects, bankruptcy costs, fire sales, and cross-holdings. For the integrated financial market we prove the existence of a price-payment equilibrium and design an algorithm for the computation of the greatest and the least equilibrium. The number of defaults corresponding to the greatest price-payment equilibrium is analyzed in several comparative case studies. These illustrate the individual and joint impact of interbank liabilities, bankruptcy costs, fire sales and cross-holdings on systemic risk. We study policy implications and regulatory instruments, including central bank guarantees and quantitative easing, the significance of last wills of financial institutions, and capital requirements.