Using SIRS Model to Study the Risk of Cross-Contagion in Financial Markets

DOI

10.2991/978-94-6463-042-8_42How to use a DOI?

Keywords

SIRS; Cross-Contagion; Financial Market

Abstract

As financial markets become increasingly interconnected, the possibility of cross-contamination of financial risks is also rising. This paper uses the medical SIRS infectious disease model to study the risk cross-infection mechanism between financial markets and conduct simulation simulations. To effectively prevent the cross-market transmission of financial risks, it is necessary to improve the financial market infrastructure and improve the natural immunity of the financial market; establish a scientific risk monitoring and early warning mechanism to prevent financial risks in advance effectively; establish a risk isolation mechanism to reduce the risk of Risk contagion probability; optimise the financial market supervision system and improve the overall prevention ability of financial risks.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Haorui An
PY  - 2022
DA  - 2022/12/29
TI  - Using SIRS Model to Study the Risk of Cross-Contagion in Financial Markets
BT  - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
PB  - Atlantis Press
SP  - 286
EP  - 291
SN  - 2352-538X
UR  - https://doi.org/10.2991/978-94-6463-042-8_42
DO  - 10.2991/978-94-6463-042-8_42
ID  - An2022
ER  -