García, Alfonso Rosa; Kiss, Hubert Janos; Lara, Ismael … - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2011
We study the effects of deposit insurance and observability of previous actions on the emergence of bank runs by means of a controlled laboratory experiment. We consider three depositors in the line of a bank, who decide between withdrawing or keeping their money deposited. We have three...