Frank Cheng

Accounting for strategic response in an agent-based model of financial regulation

F Cheng and MP Wellman Proceedings of the 18th ACM Conference on Economics and Computation, pages 187–203, June 2017. Abstract Due to complex interactions in financial markets, financial regulations can sometimes produce unexpected outcomes,…
Frank Cheng

Strategic Payment Routing in Financial Credit Networks

F Cheng, J Liu, K Amin, and MP Wellman Proceedings of the 17th ACM Conference on Economics and Computation, pages 721–738, July 2016. Abstract Credit networks provide a flexible model of distributed trust, which supports transactions…
Frank Cheng

Strategic Modeling of Dynamic Credit Networks

Principal Investigator Michael Wellman Students Frank Cheng Junming Liu (MS ECE, 2015) Project Goals The 2008 financial crisis demonstrated that complex and opaque networks of credit relationships among firms can set the…