1 citations · 1 across the 5 of their papers we have counts for
6 papers
Fractional Claims Trades and Donations in Financial Networks
Martin Hoefer, Lars Huth, Lisa Wilhelmi
Exploring measures to improve financial networks and mitigate systemic risks is an ongoing challenge. We study claims trading, a notion defined in Chapter 11 of the U.S. Bankruptcy…
Algorithms for Claims Trading
Martin Hoefer, Carmine Ventre, Lisa Wilhelmi
The recent banking crisis has again emphasized the importance of understanding and mitigating systemic risk in financial networks. In this paper, we study a market-driven approach…
Dynamic Debt Swapping in Financial Networks
Henri Froese, Martin Hoefer, Lisa Wilhelmi
A debt swap is an elementary edge swap in a directed, weighted graph, where two edges with the same weight swap their targets. Debt swaps are a natural and appealing operation in f…
Equilibria and Convergence in Fire Sale Games
Nils Bertschinger, Martin Hoefer, Simon Krogmann +3
The complex interactions between algorithmic trading agents can have a severe influence on the functioning of our economy, as witnessed by recent banking crises and trading anomali…
Seniorities and Minimal Clearing in Financial Network Games
Martin Hoefer, Lisa Wilhelmi
Financial network games model payment incentives in the context of networked liabilities. In this paper, we advance the understanding of incentives in financial networks in two imp…
Packing Returning Secretaries
Martin Hoefer, Lisa Wilhelmi
We study online secretary problems with returns in combinatorial packing domains with candidates that arrive sequentially over time in random order. The goal is to accept a fea…