Policy experiments and financial regulation: Using laboratory methods to evaluate responses to the 2007–2009 financial crisis
This paper reviews an emerging experimental literature that uses laboratory methods to both
identify causes of the 2007–2009 financial crisis, and to assess the effectiveness of policies …
identify causes of the 2007–2009 financial crisis, and to assess the effectiveness of policies …
Heterogeneous agent modeling: experimental evidence
We report on experimental evidence rationalizing the use of heterogeneous agent models.
We provide compelling evidence that subjects in laboratory experiments often behave in …
We provide compelling evidence that subjects in laboratory experiments often behave in …
Financial contagion in the laboratory: Does network structure matter?
We explore the role of interbank network structure and premature liquidation costs for the
likelihood of financial contagions in a laboratory experiment. We consider complete versus …
likelihood of financial contagions in a laboratory experiment. We consider complete versus …
Liquidity requirements and the interbank loan market: An experimental investigation
We develop a stylized interbank market environment and use it to evaluate with
experimental methods the effects of liquidity requirements. Baseline and liquidity-regulated …
experimental methods the effects of liquidity requirements. Baseline and liquidity-regulated …
Positional concerns and social network structure: An experiment
We experimentally study the positional concerns of individuals embedded in social
networks. In the game, individuals compete for positional advantage with their direct …
networks. In the game, individuals compete for positional advantage with their direct …
Taxing (Shadow) Banks: A Pigovian Model
L Nijs, L Nijs - The Handbook of Global Shadow Banking, Volume I …, 2020 - Springer
This lengthy chapter brings home a critical question regarding an adequate tax model for
financial institutions (FIs) and shadow banking entities. Given that leverage is a constitutive …
financial institutions (FIs) and shadow banking entities. Given that leverage is a constitutive …
[HTML][HTML] Two experiments on trading information goods in a network
N Hanaki, Y Kayaba, J Maekawa… - Games and Economic …, 2024 - Elsevier
We examine the impact of a cycle path on the trading of a copyable information good in a
network experimentally. A cycle path in a network allows a buyer to become a reseller who …
network experimentally. A cycle path in a network allows a buyer to become a reseller who …