78 citations · 104 across the 2 of their papers we have counts for
3 papers
Climb on the Bandwagon: Consensus and periodicity in a lifetime utility model with strategic interactions
Paolo Dai Pra, Elena Sartori, Marco Tolotti
What is the emergent long-run equilibrium of a society where many interacting agents bet on the optimal energy to put in place in order to climb on the Bandwagon? In this paper we…
A simple mean field model for social interactions: dynamics, fluctuations, criticality
Francesca Collet, Paolo Dai Pra, Elena Sartori
We study the dynamics of a spin-flip model with a mean field interaction. The system is non reversible, spacially inhomogeneous, and it is designed to model social interactions. We…
Large portfolio losses: A dynamic contagion model
Paolo Dai Pra, Wolfgang J. Runggaldier, Elena Sartori +1
Using particle system methodologies we study the propagation of financial distress in a network of firms facing credit risk. We investigate the phenomenon of a credit crisis and qu…