@article{haldane_systemic_2011,
	title = {Systemic risk in banking ecosystems},
	volume = {469},
	url = {http://www.nature.com/nature/journal/v469/n7330/abs/nature09659.html},
	abstract = {In the run-up to the recent financial crisis, an increasingly elaborate set of financial instruments emerged, intended to optimize returns to individual institutions with seemingly minimal risk. Essentially no attention was given to their possible effects on the stability of the system as a whole. Drawing analogies with the dynamics of ecological food webs and with networks within which infectious diseases spread, we explore the interplay between complexity and stability in deliberately simplified models of financial networks. We suggest some policy lessons that can be drawn from such models, with the explicit aim of minimizing systemic risk.},
	number = {7330},
	urldate = {2013-02-07},
	journal = {Nature},
	author = {Haldane, A. G. and May, R. M.},
	year = {2011},
	keywords = {finance, collapse, systemic-risks},
	pages = {351--355},
	file = {Haldane and May - 2011 - Systemic risk in banking ecosystems.pdf:C\:\\Users\\rsrs\\Documents\\Zotero Database\\storage\\HM7ASEQV\\Haldane and May - 2011 - Systemic risk in banking ecosystems.pdf:application/pdf}
}

{"_id":"ZyBc5WYiSYqxBX4pE","bibbaseid":"haldane-may-systemicriskinbankingecosystems-2011","downloads":0,"creationDate":"2016-07-08T09:54:29.585Z","title":"Systemic risk in banking ecosystems","author_short":["Haldane, A. G.","May, R. M."],"year":2011,"bibtype":"article","biburl":"http://www.collapsologie.fr/bib.bib","bibdata":{"bibtype":"article","type":"article","title":"Systemic risk in banking ecosystems","volume":"469","url":"http://www.nature.com/nature/journal/v469/n7330/abs/nature09659.html","abstract":"In the run-up to the recent financial crisis, an increasingly elaborate set of financial instruments emerged, intended to optimize returns to individual institutions with seemingly minimal risk. Essentially no attention was given to their possible effects on the stability of the system as a whole. Drawing analogies with the dynamics of ecological food webs and with networks within which infectious diseases spread, we explore the interplay between complexity and stability in deliberately simplified models of financial networks. We suggest some policy lessons that can be drawn from such models, with the explicit aim of minimizing systemic risk.","number":"7330","urldate":"2013-02-07","journal":"Nature","author":[{"propositions":[],"lastnames":["Haldane"],"firstnames":["A.","G."],"suffixes":[]},{"propositions":[],"lastnames":["May"],"firstnames":["R.","M."],"suffixes":[]}],"year":"2011","keywords":"finance, collapse, systemic-risks","pages":"351–355","file":"Haldane and May - 2011 - Systemic risk in banking ecosystems.pdf:C\\:\\\\Users\\s̊rs\\\\Documents\\\\Zotero Database\\\\storage\\M̋7ASEQV\\a̋ldane and May - 2011 - Systemic risk in banking ecosystems.pdf:application/pdf","bibtex":"@article{haldane_systemic_2011,\n\ttitle = {Systemic risk in banking ecosystems},\n\tvolume = {469},\n\turl = {http://www.nature.com/nature/journal/v469/n7330/abs/nature09659.html},\n\tabstract = {In the run-up to the recent financial crisis, an increasingly elaborate set of financial instruments emerged, intended to optimize returns to individual institutions with seemingly minimal risk. Essentially no attention was given to their possible effects on the stability of the system as a whole. Drawing analogies with the dynamics of ecological food webs and with networks within which infectious diseases spread, we explore the interplay between complexity and stability in deliberately simplified models of financial networks. We suggest some policy lessons that can be drawn from such models, with the explicit aim of minimizing systemic risk.},\n\tnumber = {7330},\n\turldate = {2013-02-07},\n\tjournal = {Nature},\n\tauthor = {Haldane, A. G. and May, R. M.},\n\tyear = {2011},\n\tkeywords = {finance, collapse, systemic-risks},\n\tpages = {351--355},\n\tfile = {Haldane and May - 2011 - Systemic risk in banking ecosystems.pdf:C\\:\\\\Users\\\\rsrs\\\\Documents\\\\Zotero Database\\\\storage\\\\HM7ASEQV\\\\Haldane and May - 2011 - Systemic risk in banking ecosystems.pdf:application/pdf}\n}\n\n","author_short":["Haldane, A. G.","May, R. M."],"key":"haldane_systemic_2011","id":"haldane_systemic_2011","bibbaseid":"haldane-may-systemicriskinbankingecosystems-2011","role":"author","urls":{"Paper":"http://www.nature.com/nature/journal/v469/n7330/abs/nature09659.html"},"keyword":["finance","collapse","systemic-risks"],"downloads":0,"html":""},"search_terms":["systemic","risk","banking","ecosystems","haldane","may"],"keywords":["biological","biological evolution","commerce","commerce: economics","commerce: legislation & jurisprudence","communicable diseases","communicable diseases: transmission","economic","economic recession","economic recession: statistics & numerical data","ecosystem","financial management","financial management: legislation & jurisprudence","financial management: methods","food chain","humans","models","public policy","public policy: legislation & jurisprudence","risk factors","risk management","risk management: legislation & jurisprudence","risk management: methods","united states","financial contagion","financial networks","snf","stress test","systemic risk","finance","collapse","systemic-risks"],"authorIDs":[],"dataSources":["97shAbFSxL7A7SHoh"]}