W Chen, Z Zhang, S Hamori, T Kinkyo - International Review of Financial …, 2021 - Elsevier
This study investigates how deposit insurance, especially in terms of its design features, affects the sources of banking systemic risk. We do so by decomposing a bank's contribution …
The theoretical literature on bank runs has modeled depositors' withdrawal decision as a one-off choice, made simultaneously by all depositors. Our game-theoretic framework gives …
FE Orits - Ekonomski horizonti, 2019 - pdfs.semanticscholar.org
This study empirically investigates the nexus between the moral hazard hypothesis and the adoption of the Deposit Insurance Scheme (DIS) in Nigeria. Using the secondary data …
We run a laboratory experiment to investigate how group size affects coordination in a bank- run game, in which participants choose simultaneously whether to withdraw or not and …
In the classic movie 'It'sa wonderful life'(Capra, 1946), a crowd of depositors shouts enraged at the door of their bank:'Where is our money? We want our money back!'This can be seen …
Banking crises have recurrently emphasized the crucial need for establishing effective mechanisms to prevent bank runs, and different organizations are exploring a range of …
We study the impact of potentially inflated credit ratings in bond markets using experimental coordination games. Theoretical models that feature a feedback effect between capital …
A Bayona, O Peia - Journal of Economic Behavior & Organization, 2022 - Elsevier
We design a laboratory experiment to test the importance of wealth as a channel for financial contagion across markets with unrelated fundamentals. In a sequential global game, we …
We study the impact of disclosure about bank fundamentals on depositors' behavior in the presence (and absence) of economic linkages between financial institutions. Using a …