JSAI2018

Presentation information

Oral presentation

General Session » [General Session] 7. Agent

[2P2] [General Session] 7. Agent

Wed. Jun 6, 2018 1:20 PM - 3:00 PM Room P (4F Emerald Lobby)

座長:落合 友四郎(大妻女子大学)

1:40 PM - 2:00 PM

[2P2-02] Effect of Asset Price Fluctuation and Inter-bank Lending and Borrowing Network on Chain Bankruptcy of Bank

〇Ryo Hamawaki1, Kiyoshi Izumi1, Hiroki Sakaji1, Hiroto Yonenoh1 (1. The University of Tokyo)

Keywords: Artificial Market, Chain Bankruptcy, Inter-Bank Network

When a company goes bankruptcy, the effect can make another company go bankruptcy. This is called chain bankruptcy. In this research, we analyzed effect of asset price and inter-bank lending and borrowing network on chain bankruptcy using agent simulation. We have two results: (1) as the rate of change in asset price is higher, the final number of bankruptcy is higher; (2) as the density of links is higher, the final number of bankruptcy is lower. These results suggest that factor causing bankruptcy is both asset price fluctuation and inter-bank lending and borrowing network.