We provide experimental evidence that panic bank runs occur in the absence of problems with fundamentals and coordination failures among depositors, the two main culprits identified in the literature. Depositors withdraw when they observe that others do so, even when theoretically they should...

The hyper-targeted advertising that emerged on digital platforms over the past two decades is now more productively understood as tuned advertising, a dynamic and unfolding process where ads are continuously algorithmically "optimised" to users in real time. Following Rieder and Hofmann (2020),...

Documentamos una subida y una caída del tipo de interés natural (r*) para varias economías avanzadas, que comienza a aumentar en la década de los sesenta y alcanza su punto álgido a finales de los años ochenta. Llegamos a esta conclusión después de demostrar que el modelo de Laubach y...

Pursuit-evasion games are used to define guidance strategies for multi-agent planning problems. Although optimal strategies exist for deterministic scenarios, in the case when information about the opponent players is imperfect, it is important to evaluate the effect of uncertainties on the...

Sustaining large-scale public goods, such as the environment, requires individuals to take action; however, motivating voluntary climate action (VCA) is difficult because decision-makers today do not stand to benefit from their investments. Here, we propose that parents invest more in VCA if...

Our choice of food has major impacts on the environment. At the same time, it is visible to all people with whom we spend our daily lives. This raises the question of whether people are adapting their diets to gain a green reputation, as has been observed for other environmentally relevant...