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Pathways towards instability in financial networks

Overview of attention for article published in Nature Communications, February 2017
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About this Attention Score

  • In the top 5% of all research outputs scored by Altmetric
  • High Attention Score compared to outputs of the same age (98th percentile)
  • High Attention Score compared to outputs of the same age and source (88th percentile)

Mentioned by

news
5 news outlets
blogs
1 blog
twitter
107 tweeters
facebook
6 Facebook pages

Citations

dimensions_citation
38 Dimensions

Readers on

mendeley
111 Mendeley
citeulike
1 CiteULike
Title
Pathways towards instability in financial networks
Published in
Nature Communications, February 2017
DOI 10.1038/ncomms14416
Pubmed ID
Authors

Marco Bardoscia, Stefano Battiston, Fabio Caccioli, Guido Caldarelli

Abstract

Following the financial crisis of 2007-2008, a deep analogy between the origins of instability in financial systems and complex ecosystems has been pointed out: in both cases, topological features of network structures influence how easily distress can spread within the system. However, in financial network models, the details of how financial institutions interact typically play a decisive role, and a general understanding of precisely how network topology creates instability remains lacking. Here we show how processes that are widely believed to stabilize the financial system, that is, market integration and diversification, can actually drive it towards instability, as they contribute to create cyclical structures which tend to amplify financial distress, thereby undermining systemic stability and making large crises more likely. This result holds irrespective of the details of how institutions interact, showing that policy-relevant analysis of the factors affecting financial stability can be carried out while abstracting away from such details.

Twitter Demographics

The data shown below were collected from the profiles of 107 tweeters who shared this research output. Click here to find out more about how the information was compiled.

Mendeley readers

The data shown below were compiled from readership statistics for 111 Mendeley readers of this research output. Click here to see the associated Mendeley record.

Geographical breakdown

Country Count As %
United States 2 2%
Finland 1 <1%
United Kingdom 1 <1%
Switzerland 1 <1%
Taiwan 1 <1%
Estonia 1 <1%
Netherlands 1 <1%
Unknown 103 93%

Demographic breakdown

Readers by professional status Count As %
Student > Ph. D. Student 30 27%
Researcher 23 21%
Unspecified 12 11%
Other 11 10%
Student > Master 9 8%
Other 26 23%
Readers by discipline Count As %
Unspecified 23 21%
Economics, Econometrics and Finance 21 19%
Physics and Astronomy 15 14%
Computer Science 12 11%
Mathematics 8 7%
Other 32 29%

Attention Score in Context

This research output has an Altmetric Attention Score of 115. This is our high-level measure of the quality and quantity of online attention that it has received. This Attention Score, as well as the ranking and number of research outputs shown below, was calculated when the research output was last mentioned on 30 January 2019.
All research outputs
#128,392
of 13,221,771 outputs
Outputs from Nature Communications
#2,207
of 23,219 outputs
Outputs of similar age
#4,674
of 267,033 outputs
Outputs of similar age from Nature Communications
#29
of 244 outputs
Altmetric has tracked 13,221,771 research outputs across all sources so far. Compared to these this one has done particularly well and is in the 99th percentile: it's in the top 5% of all research outputs ever tracked by Altmetric.
So far Altmetric has tracked 23,219 research outputs from this source. They typically receive a lot more attention than average, with a mean Attention Score of 47.0. This one has done particularly well, scoring higher than 90% of its peers.
Older research outputs will score higher simply because they've had more time to accumulate mentions. To account for age we can compare this Altmetric Attention Score to the 267,033 tracked outputs that were published within six weeks on either side of this one in any source. This one has done particularly well, scoring higher than 98% of its contemporaries.
We're also able to compare this research output to 244 others from the same source and published within six weeks on either side of this one. This one has done well, scoring higher than 88% of its contemporaries.