Identifying influential risk spreaders in cryptocurrency networks based on the novel gravity strength centrality model

被引:1
|
作者
Wu, Xin [1 ,2 ]
Lin, Tuo [2 ]
Yang, Ming-Yuan [3 ]
机构
[1] Zhejiang Univ Finance & Econ, New Type Key Think Tank Zhejiang Prov China Res In, Hangzhou, Peoples R China
[2] Zhejiang Univ Finance & Econ, China Acad Financial Res, 18 Xueyuan Rd, Hangzhou 310018, Peoples R China
[3] Henan Univ Sci & Technol, Sch Business, Luoyang, Peoples R China
关键词
Cryptocurrency network; gravity strength centrality; influential risk spreaders; network analysis; IDENTIFICATION;
D O I
10.1080/13504851.2024.2339375
中图分类号
F [经济];
学科分类号
02 ;
摘要
A novel approach of gravity strength centrality (GSC) model is proposed to identify the influential risk spreaders in cryptocurrency networks. We also validate the performance of GSC model in terms of discrimination and accuracy using methods such as individuation rate, imprecision function, and Kendall coefficient. Our findings show that (i) the novel GSC model can serve as an excellent indicator for measuring risk spreaders in the cryptocurrency market, (ii) Ethereum has a stronger influence compared to Bitcoin,(iii) the role of cryptocurrency EOS is increased after the COVID-19 pandemic.
引用
收藏
页数:10
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