The aim of this study is to review what we know about depositors' behavior, using empirical observations and experimental data. I find that both fundamental problems and coordination failures between depositors explain depositors' behavior and therefore the emergence of bank runs. I show that...

Educational accountability is a timely topic in Hungary, because the law of LXXI/2006 has practically introduced educational accountability. School report cards have been published for the third time in 2011 for each school with a 6th, 8th or 10th grade. These report cards publicize information...

The so called classic model of tax compliance behaviour interprets the problem as an individual decision under risk made by a single taxpayer. After a concise description of this model our literature survey investigates whether the empirical results found in the literature corroborate the...