55 citations · 137 across the 5 of their papers we have counts for
7 papers
Corporate Culture and Organizational Fragility
Matthew Elliott, Benjamin Golub, Matthieu V. Leduc
Complex organizations accomplish tasks through many steps of collaboration among workers. Corporate culture supports collaborations by establishing norms and reducing misunderstand…
Supply Network Formation and Fragility
Matthew Elliott, Benjamin Golub, Matthew V. Leduc
We model the production of complex goods in a large supply network. Each firm sources several essential inputs through relationships with other firms. Individual supply relationshi…
Incentivizing Resilience in Financial Networks
Matt V. Leduc, Stefan Thurner
When banks extend loans to each other, they generate a negative externality in the form of systemic risk. They create a network of interbank exposures by which they expose other ba…
Systemic Risk Management in Financial Networks with Credit Default Swaps
Matt V. Leduc, Sebastian Poledna, Stefan Thurner
We study insolvency cascades in an interbank system when banks are allowed to insure their loans with credit default swaps (CDS) sold by other banks. We show that, by properly shif…
Strategic Investment in Protection in Networked Systems
Matt V. Leduc, Ruslan Momot
We study the incentives that agents have to invest in costly protection against cascading failures in networked systems. Applications include vaccination, computer security and air…
Pricing and Referrals in Diffusion on Networks
Matt V. Leduc, Matthew O. Jackson, Ramesh Johari
When a new product or technology is introduced, potential consumers can learn its quality by trying the product, at a risk, or by letting others try it and free-riding on the infor…
Systemic risk in multiplex networks with asymmetric coupling and threshold feedback
Rebekka Burkholz, Matt V. Leduc, Antonios Garas +1
We study cascades on a two-layer multiplex network, with asymmetric feedback that depends on the coupling strength between the layers. Based on an analytical branching process appr…