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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....
Persistent link: https://www.econbiz.de/10010494572
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....
Persistent link: https://www.econbiz.de/10010222336
Persistent link: https://www.econbiz.de/10005051353
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....
Persistent link: https://www.econbiz.de/10010743472
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...
Persistent link: https://www.econbiz.de/10010570908
This paper studies informal insurance across networks of individuals. Two characteristics are fundamental to the model developed here: First, informal insurance is a bilateral activity, and rarely involves explicit arrangements across several people. Second, insurance is a social activity, and...
Persistent link: https://www.econbiz.de/10005622968
This paper studies the formation of networks among individuals. The focus is on the compatibility of overall societal welfare with individual incentives to form and sever links. The paper reviews and synthesizes some previous results on the subject, and also provides new results on the existence...
Persistent link: https://www.econbiz.de/10005135109
(VF)La recherche en management a de plus en plus recours aux théories issues de l’analyse des réseaux sociaux. Lorsqu’il s’agit d’étudier ces réseaux à l’aide de méthodes quantitatives, se pose le problème de la mesure. Avant d’établir la valeur des variables décrivant le...
Persistent link: https://www.econbiz.de/10005604412
The concept of innovations embraces everything that is connected with creation and application of new knowledge in order to win competitive advantage. A traditional approach applied by organizational and management sciences are not enough to explain and manage the development of enterprises as...
Persistent link: https://www.econbiz.de/10011067119
Persistent link: https://www.econbiz.de/10011090744