Dynamics Evolution of Credit Risk Contagion in the CRT Market

Figure 7

(a) The bifurcation diagram of the process of credit risk contagion with 𝜆 when 𝜇=0.01; (b) the bifurcation diagram of the process of credit risk contagion with 𝜆 when 𝜇=0.015; (c) the bifurcation diagram of the process of credit risk contagion with 𝜆 when 𝜇=0.01, 𝜏=1.5; (d) the bifurcation diagram of the process of credit risk contagion with 𝜇 when 𝜆=0.1.

(a)

(b)

(c)

(d)