Coordination in market and bank run experiments

Open Access
Authors
  • J. de Jong
Supervisors
Award date 18-04-2023
ISBN
  • 9789036107051
Series Tinbergen Institute Research Series, 815
Number of pages 146
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract Expectations and beliefs play a crucial role in many economic models. The common approach, in which it is assumed that people are on average correct about the future and about the actions of others, is not always sufficient to properly predict empirically observed phenomena. This thesis explores examples in both stylized market and stylized banking environments in which it is useful to deviate from rational expectations and make other or additional assumptions.
Document type PhD thesis
Language English
Downloads
Permalink to this page
cover
Back