£137.15

Oxford University Press Systemic Risk: Dynamics of Modern Financial Systems

Illustrated

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£137.15 £132.02 £133.14 £134.26 £135.38 £136.50 £137.62 09 July 2026 31 July 2026 23 August 2026 14 September 2026 07 October 2026

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Price range: £132 - £137

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Description

Systemic Risk examines financial crises through the lens of complex adaptive systems, drawing on network theory insights from ecology, epidemiology, and statistical mechanics. Published by Oxford University Press, this book reveals how financial systems exhibit robust-yet-fragile properties, remaining stable until sudden critical points trigger cascading failures. It explains how interconnected banks amplify systemic risk through fund hoarding and forced asset sales, demonstrating the network consequences of large institution failures. Using economic tools and network analysis, the work provides a comprehensive framework for understanding financial instability and the propagation of shocks across modern markets. Essential reading for economists, policy makers, and financial professionals seeking deeper insight into why financial systems remain vulnerable despite their apparent strength.

Key Features

Treats financial systems as complex adaptive networks to explain crisis dynamics and systemic vulnerability.

Applies network theory from ecology, epidemiology, and statistical mechanics to financial stability analysis.

Examines how interconnected bank failures propagate through systems via asset sales and liquidity hoarding.

Published by Oxford University Press with rigorous economic and theoretical frameworks.

Addresses the robust-yet-fragile nature of modern financial systems and their knife-edge properties.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
28 March 2013
Listed Since
25 July 2012

Barcode

No barcode data available

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