Strategic uncertainty and the power of extrinsic signals– evidence from an experimental study of bank runs
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- Pietro Battiston & Sharon G. Harrison, 2019. "Believe it or not: Experimental Evidence on Sunspot Equilibria with Social Networks," Working Papers 422, University of Milano-Bicocca, Department of Economics, revised Nov 2019.
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KeywordsBank runs; Extrinsic signals; Sunspots; Experiment; Financial crises; Strategic uncertainty;
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- G20 - Financial Economics - - Financial Institutions and Services - - - General
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