Stability and Complexity in Model Banking Systems
Complexity and Systemic Risk: Hilary Term Seminar Series 2010
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How to Maximize Robustness of a System
There's a growing amount of work in ecology that suggests that real food webs is both theoretically correct and factually the case. In certain ecosystems, plant pollinators are one of them with a distinct tendency to have disassorted connection to them. And it probably is true of banks too. If you've got a complex web with a non-random degree distribution, then if you attack at a random, it's more robust. But if you deliberately target the hyperactive nodes, it is much easier to bring down the web that is more like the real web.
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