Herding and bank runs

DOI10.1016/J.JET.2010.06.001zbMATH Open1244.91059OpenAlexW2123792892MaRDI QIDQ629328FDOQ629328

Chao Gu

Publication date: 9 March 2011

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2010.06.001

zbMATH Keywords

bank runsimperfect informationherdingoptimal bank contractperfect Bayesian equilibriumfundamental-based bank runssequential-move game

Mathematics Subject Classification ID

Special types of economic equilibria (91B52)

Cites Work

• Implementing efficient allocations in a model of financial intermediation
• Bank Runs, Deposit Insurance, and Liquidity
• Information Revelation and Strategic Delay in a Model of Investment
• On the convergence of informational cascades
• Financial crises as herds: overturning the critiques
• Market Crashes and Informational Avalanches

Cited In (5)

• Optimal banking contracts and financial fragility
• A bank runs model with a continuum of types
• Run theorems for low returns and large banks
• A dynamic model of rational ``panic buying
• Bank bailouts: moral hazard and commitment

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