An Incentive Problem in the Dynamic Theory of Banking

This paper develops a continuous-time model of liquidity provision by banks, in which customers can deposit and withdraw their funds strategically ...

Year of publication:	2000-12-01
Authors:	Thadden, Ernst-Ludwig von
Published in:	Universität Mannheim - Lehrstuhl für Volkswirtschaftslehre, insbesondere Wirtschaftstheorie - Journal Publications Journal of Mathematical Economics ; 38 (2002) ; S. 271-292
Publisher:	Université <Lausanne> / Département d'Econométrie et d'Economie Politique
Subject:	Bank \| Anreiz \| Kontrakttheorie \| Maximalbelastungstheorie \| Bank runs \| Dynamische Modellierung \| Depositengeschäft \| Knappheit \| banking

Introduction
The Model
Incentive-Compatible Deposit Contracts
Interpretation
Appendix
Footnotes
References

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