Showing 1 - 9 of 9
No behavior sits in a vacuum, and one behavior can greatly affect what happens next. We propose a conceptual frame within which a broad range of behavioral spillovers can be accounted for when applying behavioral science to policy challenges. We consider behaviors which take place sequentially...
Persistent link: https://www.econbiz.de/10011150276
We look at the links between the Digit Ratio - the ratio of the length of the index finger to the length of the ring finger – for both right and left hands, and giving in a Dictator Game. Unlike previous studies with exclusively Caucasian subjects, we recruited a large, ethnically diverse...
Persistent link: https://www.econbiz.de/10011171763
We conduct a controlled lab-field experiment to directly test the short-run spillover effects of one-off financial …
Persistent link: https://www.econbiz.de/10011126577
This paper extends the model proposed by Goodhart, Sunirand, and Tsomocos (2003, 2004a, b) to an infinite horizon setting. Thus, we are able to assess how the model conforms with the time series data of the U.K. banking system. We conclude that, since the model performs satisfactorily, it can be...
Persistent link: https://www.econbiz.de/10010744867
The objective of this paper is to propose a model to assess risk for banks. Its main innovation is to incorporate … endogenous interaction between banks, recognising that the actual risk to which an individual bank is exposed also depends on its … data and therefore can be implemented as a risk assessment tool for financial regulators and central banks. We address the …
Persistent link: https://www.econbiz.de/10010745460
This paper proposes a measure of financial fragility that is based on economic welfare in a general equilbrium model calibrated against UK data. The model comprises a household sector, three active heterogeneous banks, a central bank/regulator, incomplete markets, and endogenous default. We...
Persistent link: https://www.econbiz.de/10010745512
Globalizing knowledge economies foster conditions that intensify the role and value of organizational reputation risk … reputation risk. Having noted the ambivalence that surrounds ‘risk positions’, we present a re-definition of reputation risk that … encompasses the dynamics of contemporary risk and trust relationships. We explore the capacity of different trust forms to reduce …
Persistent link: https://www.econbiz.de/10010744830
financial futures exchanges (1998-200). The term ‘strategic risk positioning’ is used as a central organizing concept to draw … together an analysis of the subjective time-risk relationships influencing strategy formation during this period. We being by … sense of an uncertain future shapes the strategic imagination and triggers processes of risk positioning. In conclusion, the …
Persistent link: https://www.econbiz.de/10010746470
In this paper we introduce concepts that build a theoretical notion of reputation risk and establish the need to extend … our approach to managing such risk.. The existing literature on reputation risk has tended to be reactive and focus on …. We explore the notion of ‘active trust’ as a way of redesigning approaches to the management of risk. Our analysis …
Persistent link: https://www.econbiz.de/10010746546