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unlimited bet size is modified to incorporate sequential rationality. …
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We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank has no fundamental problems, depositors decide equentially (if to keep the money in the bank or to withdraw) and may observe previous decisions depending on the information...
Persistent link: https://www.econbiz.de/10012290256
unlimited bet size is modified to incorporate sequential rationality. …
Persistent link: https://www.econbiz.de/10010369375
Persistent link: https://www.econbiz.de/10011565092
We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank has no fundamental problems, depositors decide equentially (if to keep the money in the bank or to withdraw) and may observe previous decisions depending on the information...
Persistent link: https://www.econbiz.de/10012011103
Persistent link: https://www.econbiz.de/10012433497
Persistent link: https://www.econbiz.de/10011977196
conflict between a mild consistency condition and sequential rationality. …
Persistent link: https://www.econbiz.de/10005371505