Listagem FGV EPGE - Ensaios Econômicos por Título "A note on convergence of Peck-Shell and Green-Lin mechanisms in the Diamond-Dybvig model"
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A note on convergence of Peck-Shell and Green-Lin mechanisms in the Diamond-Dybvig model
2011-07-27We study the effects of population size in the Peck-Shell analysis of bank runs. We find that a contract featuring equal-treatment for almost all depositors of the same type approximates the optimum. Because the approximation ...


