The Diamond–Dybvig model of bank runs as a coordination game
A bank run occurs when a large number of customers withdraw their deposits from a financial institution at the same time. This can destabilise the bank to the point where it runs out of cash and thus faces sudden bankruptcy. As more people withdraw their deposits, the likelihood of bankruptcy increa...
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Format: | Others |
Language: | English |
Published: |
Mälardalens högskola, Akademin för utbildning, kultur och kommunikation
2016
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-32291 |