We study experimentally an instrument to prevent bank runs in healthy banks. In particular,
we extend the basic bank-run game, where depositors choose between withdrawing or …

The theoretical literature on bank runs has modeled depositors' withdrawal decision as a
one-off choice, made simultaneously by all depositors. Our game-theoretic framework gives …

In the classic movie 'It'sa wonderful life'(Capra, 1946), a crowd of depositors shouts enraged
at the door of their bank:'Where is our money? We want our money back!'This can be seen …

We study how lines form in front of banks. In our model, depositors choose first the level of
effort to arrive early at the bank and then whether or not to withdraw their deposit. We argue …

This study examines the impact of communication and group size on bank run games, with a
strategic focus on three-player games. In the baseline treatment group, communication is not …

This paper examines the effect of distributing formal decision rights on platform participation.
Recent advances in blockchain technology enable digital platforms to allocate formal …

This study examines whether incentives framed in a form of loss have any impact in contrast
to the gain scheme on the number of withdrawals in the context of a bank run game with …

This chapter on experimental bank runs first covers the different sources of bank runs
studied in the laboratory: fundamental problems, coordination issues, and panic behavior …

ABSTRACT Andolfatto et al.(2017) proposes a mechanism to eliminate bank runs that occur
as a coordination problem among depositors (Diamond and Dybvig, 1983). Building on their …