Runs, panics and bubbles: Diamond-Dybvig and Morris-Shin reconsidered

DOI10.1007/S10436-013-0231-8MaRDI QIDQ481383zbMATH OpenOpenAlexFDO

Authors Yong-Cai Geng, Sumit K. Garg

Publication date 12 December 2014

Published in Annals of Finance (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10436-013-0231-8

zbMATH Keywords

sensitivity analysisevolutionary gamesnoncooperative gamesreplicator dynamicsdynamic investment model

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Applications of game theory (91A80) Noncooperative games (91A10) Games in extensive form (91A18) Multistage and repeated games (91A20) Evolutionary games (91A22) Actuarial science and mathematical finance (91G99)

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Cites work

• scientific article; zbMATH DE number 1239549 (Why is no real title available?)
• Bank Runs, Deposit Insurance, and Liquidity
• Conventional Contracts
• Dynamics of Bayesian updating with dependent data and misspecified models
• Endogenizing the provision of money: costs of commodity and fiat monies in relation to the value of trade
• Evolutionary Games and Population Dynamics
• Evolutionary game dynamics
• Game theory
• Learning, Mutation, and Long Run Equilibria in Games
• Remarks on infinitely repeated extensive-form games
• Symmetry and Collective Fluctuations in Evolutionary Games
• The Evolution of Conventions
• The Folk Theorem in Repeated Games with Discounting or with Incomplete Information
• The Robustness of Equilibria to Incomplete Information
• The logic of animal conflict

Cited in

(7)

• Experimental evidence of bank runs as pure coordination failures
• LEARNING AND IMITATION: TRANSITIONAL DYNAMICS IN VARIANTS OF THE BAM
• The role of independence in the Green-Lin Diamond-Dybvig model
• The Paradox of Thrift, Liquidity Preference and Animal Spirits
• A model of financial fragility
• Bank runs as a coordination problem within a two-bank set-up: who will survive?
• Economic growth, liquidity, and bank runs

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