Partially Overlapping Ownership and Contagion in Financial Networks

Figure 6

Contagions with a Partially Overlapping Ownership Asset. Probability of a contagion (a) and average extent of contagion (b) for a core-periphery network with a partially overlapping ownership asset and direct exposures (black solid circles) and direct exposures only (red empty circles) conditioned on a random core bank failing.

(a) Contagion probability (core node)

(b) Contagion extent (core node)