Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/108348 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
IEHAS Discussion Papers No. MT-DP - 2014/6
Verlag: 
Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies, Budapest
Zusammenfassung: 
We report experimental evidence on gender differences in financial decision that involves three depositors choosing between waiting or withdrawing their money from a common bank. We find that the position in the line, the fact of being observed and the observed decisions are key determinants to explain subjects' behavior. Although both men and women value being observed, it has a greater effect on women’s decisions. Observing a withdrawal increases the likelihood of withdrawal but women and men do not react differently to what is observed, so they are equally likely to panic if a bank run is already underway. Interestingly, risk aversion has no predictive power on depositors' behavior.
Schlagwörter: 
bank run
gender difference
strategic uncertainty
experimental evidence
coordination
JEL: 
C91
D03
D8
G02
J16
ISBN: 
978-615-5447-15-0
Dokumentart: 
Working Paper

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