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Correlated Observations, the Law of Small Numbers and Bank Runs
Empirical descriptions and studies suggest that generally depositors observe a sample of previous decisions before deciding if to keep their funds deposited or to withdraw them. These observed decisions may exhibit different degrees of correlation across depositors. In our model depositors decide se...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Public Library of Science
2016
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4817959/ https://www.ncbi.nlm.nih.gov/pubmed/27035435 http://dx.doi.org/10.1371/journal.pone.0147268 |