Complexity Study of the Credit Risk of a Business Group
Joint Authors
Yang, Yang
Gu, Jing
Zhou, Zongfang
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-8, 8 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2015-10-11
Country of Publication
Egypt
No. of Pages
8
Main Subjects
Abstract EN
A business group is a complex system; thus it is much more difficult to predict its credit risk than that of an individual company.
This study proposes an iterative model, which describes the internal interactions and dynamic credit risk of a business group.
The proposed model was analyzed from a complex dynamics perspective.
The simulation results based on this model show that chaos will emerge in the credit risk of a business group due to the dynamic decision-making processes of its subsidiaries, even if the interactions in the business group are fairly simple.
The results of this study might explain some economic phenomena, and they also provide insights into the credit risk of a business group.
American Psychological Association (APA)
Yang, Yang& Gu, Jing& Zhou, Zongfang. 2015. Complexity Study of the Credit Risk of a Business Group. Discrete Dynamics in Nature and Society،Vol. 2015, no. 2015, pp.1-8.
https://search.emarefa.net/detail/BIM-1060539
Modern Language Association (MLA)
Yang, Yang…[et al.]. Complexity Study of the Credit Risk of a Business Group. Discrete Dynamics in Nature and Society No. 2015 (2015), pp.1-8.
https://search.emarefa.net/detail/BIM-1060539
American Medical Association (AMA)
Yang, Yang& Gu, Jing& Zhou, Zongfang. Complexity Study of the Credit Risk of a Business Group. Discrete Dynamics in Nature and Society. 2015. Vol. 2015, no. 2015, pp.1-8.
https://search.emarefa.net/detail/BIM-1060539
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1060539
