Correlated Observations, the Law of Small Numbers and Bank Runs

• Gergely Horváth ,

  Contributed equally to this work with: Gergely Horváth, Hubert János Kiss

  * E-mail: horvathgergely@gmail.com

  Current address: Department of Economic Theory, Friedrich-Alexander-Universität Erlangen-Nürnberg, Lange Gasse 20, D-90403 Nuremberg, Germany

  Affiliation Department of Economic Theory, Friedrich-Alexander-Universität Erlangen-Nürnberg, Nuremberg, Bavaria, Germany

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• Hubert János Kiss

  Contributed equally to this work with: Gergely Horváth, Hubert János Kiss

  Current address: Department of Economics, Eötvös Loránd University and Momentum(LD-004/2010) Game Theory Research Group at MTA KRTK, Budapest, Hungary

  Affiliation Department of Economics, Eötvös Loránd University and Momentum(LD-004/2010) Game Theory Research Group at MTA KRTK, Budapest, Hungary

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