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None of the case studies directly observed the contagion process in action.
The model combines the contagion process of risk, the network structural features and the behavior characteristics of banking crisis.
Before January, this sequence of events was quite likely, but the ECB's bond-buying programme put a firebreak at each point of the contagion process.
This would probably give clearer correlations, and also results directly derived from measurable properties of the contagion process and contact patterns.
This impoverished display was designed in order to examine specifically the effect of movement kinematics on the contagion process.
The contagion process (i.e. the generation of new latent individuals from the contact of infectious and susceptible individuals) and the spontaneous transitions (e.g. from latent to infectious or from infectious to recovered) are modeled with multinomial distributions.
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"So it's easy to see how the language that's used could drive some part of this contagion process".
People who live within a similar geographical boundary or territory share common values and emotions and thus geographical proximity affects the social contagion process (Rogers 1983).
"You get the whole financial contagion process moving forward with a lot more uncertainty, a lot more risk aversion in the near term," he said.
The skeptical narrative sees Greece leaving the euro to seek salvation through competitive devaluation, so starting a contagion process leading to the collapse of the currency.
We show nevertheless that indirect contagion in the financial system may be modeled as a contagion process on an auxiliary network defined in terms of 'liquidity weighted portfolio overlaps' and we study various properties of this network using data from EU banks.
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