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The Lehman Brothers Effect and Bankruptcy Cascades
Lehman Brothers Effect Bankruptcy Cascades
2010/10/18
Inspired by the bankruptcy of Lehman Brothers and its consequences on the global financial system, we develop a simple model in which the Lehman default event is quantified as having an almost immedia...
Inspired by the bankruptcy of Lehman Brothers and its consequences on the global financial system, we develop a simple model in which the Lehman default event is quantified as having an almost immedia...