Strategic Payment Routing in Financial Credit Networks

@inproceedings{Cheng2016StrategicPR,
  title={Strategic Payment Routing in Financial Credit Networks},
  author={Frank Cheng and Junming Liu and Kareem Amin and Michael P. Wellman},
  booktitle={EC},
  year={2016}
}
Credit networks provide a flexible model of distributed trust, which supports transactions between untrusted counterparties through paths of intermediaries. We extend this model by introducing interest rates (prices on lines of credit), both as a means to incentivize credit issuance and to provide a framework for modeling networks of financial relationships… CONTINUE READING