Kiss, Hubert Janos; Rodriguez-Lara, Ismael; … - Estructura de Recerca Interdisciplinar Comportament … - 2012
We report experimental evidence on the effect of observability of actions on bank runs. We model depositors' decision-making in a sequential framework, with three depositors located at the nodes of a network. Depositors observe the other depositors' actions only if connected by the network. A...