Abstract
Bank Runs are one of the most striking and puzzling phenomena in banking history. Calomiris [15] reports that banking crises in ancient Greece and Rome date from at least the 4th century B.C., as do government interventions to alleviate them. Schwartz [79] notes that although runs do occur, bank failures are far more common than bank runs and that bank runs are rarely contagious.
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© 2004 Springer-Verlag Berlin Heidelberg
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Ziegler, A. (2004). Bank Runs. In: A Game Theory Analysis of Options. Springer Finance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-24690-9_5
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DOI: https://doi.org/10.1007/978-3-540-24690-9_5
Publisher Name: Springer, Berlin, Heidelberg
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