Before revision:  We explain the conceptual framework and the definition of systemic risk measures, provide an algorithm for their computation, and illustrate their application in numerical case studies . We apply our methodology to systemic risk aggregation as described in Chen, Iyengar Moallemi (2013) and to network models as suggested in the seminal paper of Eisenberg Noe (2001), see also Cifuentes, Shin Ferrucci (2005), Rogers Veraart (2013), and Awiszus Weber (2015) .
After revision:  We explain the conceptual framework and the definition of systemic risk measures, provide an algorithm for their computation, and illustrate their application in numerical case studies Moallemi (2013) and to network models as suggested in the seminal paper of Eisenberg Noe (2001), see also Cifuentes, Shin Ferrucci (2005), Rogers Veraart (2013), and Awiszus Weber (2015) .