03031ntm a22005057i 4500 000659290 CZ-PrVSE 20200202100126.0 m d cr n|||||||||| 200202s2019 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 rda Dohnal, Ondřej ISIS:112883 dis Experimentální studie runů na banky v kontextu averze ke ztrátě eng Experimental study of bank runs in the context of loss aversion / Ondřej Dohnal 2019 ?? stran : digital, PDF soubor Vedoucí práce: Helena Chytilová Diplomová práce (Ing.)—Vysoká škola ekonomická v Praze. Národohospodářská fakulta, 2020 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2020 This thesis examines whether loss aversion, used as a motivator on tested subjects, has any impact on the number of withdrawals in the context of bank runs game with presence of sunspots. In order to verify our hypotheses, we conducted an experiment based on modified payoff function built upon fundamentals of D&D model in light of Arifovic and Jiang (2015). This experiment takes form of simultaneous game where subjects make a binary choice whether to withdraw money from the bank in the first or in the second round under corresponding fee, which represents a partial loss of their deposits. The main treatment variable is coordination parameter (η) defined as the minimum fraction of depositors required to wait so that waiting entails a higher payoff than withdrawing. We conduct treatments with three levels of coordination parameter (0,2; 0,7 and 0,9), which differ with respect to strategic uncertainty and level of risk. Results suggest that loss aversion enhances optimal behavior in treatment with great strategic uncertainty in a sense of lower probability of a bank run. Způsob přístupu: Internet ekonomická analýza [obor dipl. práce] diplomové práce fd132022 czenas master's theses eczenas Bank Run Loss Aversion Experiment Sunspots Chytilová, Helena ntk2018979754 ths Cingl, Lubomír, 1984- ola2017965306 opn Vysoká škola ekonomická v Praze. Národohospodářská fakulta kn20010709401 dgg https://insis.vse.cz/zp/68418/podrobnosti VŠKP v InSIS https://insis.vse.cz/zp/68418 Hlavní práce https://insis.vse.cz/zp/68418/posudek/vedouci Hodnocení vedoucího https://insis.vse.cz/zp/68418/posudek/oponent/64993 Oponentura https://insis.vse.cz/zp/68418/podrobnosti dc:identifier NEPOSILAT VSKP vse68418 200131 68418