Authors:
Hidenori Kato
;
Yuichi Sei
;
Yasuyuki Tahara
and
Akihiko Ohsuga
Affiliation:
University of Electro-Communications, Japan
Keyword(s):
Systemic Risk, Merger, Inter-bank Transaction, Marketable Assets, Agent Simulation, Purchase Method.
Related
Ontology
Subjects/Areas/Topics:
Agent Models and Architectures
;
Agents
;
Artificial Intelligence
;
Artificial Intelligence and Decision Support Systems
;
Bioinformatics
;
Biomedical Engineering
;
Distributed and Mobile Software Systems
;
Economic Agent Models
;
Enterprise Information Systems
;
Information Systems Analysis and Specification
;
Knowledge Engineering and Ontology Development
;
Knowledge-Based Systems
;
Methodologies and Technologies
;
Multi-Agent Systems
;
Operational Research
;
Simulation
;
Software Engineering
;
Symbolic Systems
Abstract:
The aim of the present study is to evaluate systemic risks due to merger between financial institutions by
manipulating the decline rate of marketable asset price. An agent-based simulation platform with purchase
method of international financial reporting standards (IFRS) is developed and analyses the influence of the
goodwill (Noren), produced by mergers between financial institutions. The research reveals the following two
points: (1) the decline rate of marketable asset price determines the number of bankruptcies, (2) when market
value asset price plumps sharply, the effect of merger is small.