@inproceedings{459fcce7b3394c0da14d901ac1ba921f,
title = "Analysis of the Effect of Financial Regulation on Market Collapse Process in Financial Network",
abstract = "This study focuses on the influence of the market collapse process of financial institutions under financial regulation on financial systems. For this purpose, the authors expand simulation models of systemic risks expressing financial regulation and the financing behavior of financial institutions. Using this model, scenario analysis is performed how the collapse process in the financial system changes due to the balance sheet constraint. Our numerical experiment shows that (1) as the amount of marketable assets is increased, the type of failed process with high occurrence changes, and (2) when there is a balance sheet restriction, the frequency of chain collapse is suppressed.",
keywords = "Agent-based simulation, Financial regulations, Simulation analysis, Systemic risk",
author = "Takamasa Kikuchi and Masaaki Kunigami and Takashi Yamada and Hiroshi Takahashi and Takao Terano",
year = "2020",
month = jan,
day = "1",
doi = "10.1007/978-981-13-8679-4_21",
language = "English",
isbn = "9789811386787",
series = "Smart Innovation, Systems and Technologies",
publisher = "Springer Science and Business Media Deutschland GmbH",
pages = "249--262",
editor = "Howlett, {Robert J.} and Jain, {Lakhmi C.} and Roman {\v S}perka and Gordan Jezic and Mario Kusek and Chen-Burger, {Yun-Heh Jessica} and Jain, {Lakhmi C.} and Jain, {Lakhmi C.} and Jain, {Lakhmi C.}",
booktitle = "Agents and Multi-agent Systems",
note = "13th KES Conference on Agent and Multi-agent Systems: Technologies and Applications, KES-AMSTA 2019 ; Conference date: 17-06-2019 Through 19-06-2019",
}