15 citations · 42 across the 10 of their papers we have counts for
5 papers · 1 filter
Sequential Defaulting in Financial Networks
Pál András Papp, Roger Wattenhofer
We consider financial networks, where banks are connected by contracts such as debts or credit default swaps. We study the clearing problem in these systems: we want to know which…
On the Hardness of Red-Blue Pebble Games
Pál András Papp, Roger Wattenhofer
Red-blue pebble games model the computation cost of a two-level memory hierarchy. We present various hardness results in different red-blue pebbling variants, with a focus on the o…
A General Stabilization Bound for Influence Propagation in Graphs
Pál András Papp, Roger Wattenhofer
We study the stabilization time of a wide class of processes on graphs, in which each node can only switch its state if it is motivated to do so by at least a fract…
Network-Aware Strategies in Financial Systems
Pál András Papp, Roger Wattenhofer
We study the incentives of banks in a financial network, where the network consists of debt contracts and credit default swaps (CDSs) between banks. One of the most important quest…
Default Ambiguity: Finding the Best Solution to the Clearing Problem
Pál András Papp, Roger Wattenhofer
We study financial networks with debt contracts and credit default swaps between specific pairs of banks. Given such a financial system, we want to decide which of the banks are in…