Herding and bank runs
References (27)
- et al.
Financial crises and herds: overturning the critiques
J. Econ. Theory
(2004) - et al.
Implementing efficient allocations in a model of financial intermediation
J. Econ. Theory
(2003) On the convergence of informational cascades
J. Econ. Theory
(1993)Bank runs and currency run in a system without a safety net: Argentina and the ‘tequila’ shock
J. Monet. Econ.
(2000)- et al.
Limited market participation and volatility of asset prices
Amer. Econ. Rev.
(1994) - et al.
Optimal financial crisis
J. Finance
(1998) A simple model of herd behavior
Quart. J. Econ.
(1992)- et al.
A theory of fads, fashion, custom, and cultural change as informational cascades
J. Polit. Economy
(1992) Asset Pricing under Asymmetric Information – Bubbles, Crashes, Technical Analysis, and Herding
(2001)- et al.
The role of demandable debt in structuring optimal banking arrangements
Amer. Econ. Rev.
(1991)
The origins of banking panics, models, facts and banking regulation
Information revelation and strategic delay in a model of investment
Econometrica
(1994)
Banking panics, information, and rational expectations equilibrium
J. Finance
(1988)
Cited by (0)
- 1
I would like to thank Levon Barseghyan, Pablo Becker, David Easley, Edward Green, Ani Guerdjikova, Joe Haslag, Ron Harstad, Todd Keister, Oksana Loginova, Tapan Mitra, Peter Mueser, James Peck, Neil Raymon, Assaf Razin, Fernando Vega-Redondo, Xinghe Wang, Tao Zhu, the associate editor, and two anonymous referees for insightful comments. I am especially grateful to Karl Shell for numerous discussions and helpful guidance. All remaining errors are my own.
Copyright © 2010 Elsevier Inc. All rights reserved.