风险资本市场中风险传染的多层网络模型.pptxVIP

Modeling risk contagion in the venture capital market: A multilayer network approach;Motivation;Risk contagion on venture capital market;Risk contagion on multilayer network;External risk contagion A failed VC node vi transmits a shock D through external links to its portfolio company sj. And a failed start-up node sj shocks the liquidity of its venture capital investor vi. When a node receives damage through an external link, its cash position decreases D. We assume every node has an equal cash tolerance threshold C = 0, i.e., for every node when Ci C , node i fails. Internal risk contagi