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. 2019 Jun 4;2:8. doi: 10.3389/frai.2019.00008

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Copyright © 2019 Ahelegbey, Giudici and Hadji-Misheva.

This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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A graphical representation of the estimated factor network. (A) shows the structural representation of the factor network for threshold γ = 0.05, and (B) depicts the connected sub-population only. The nodes in red-color are defaulted class of companies and green-color coded nodes are non-defaulted class of companies. (A) Network Structure of All Institutions. (B) Network of Connected Component.