Informational Contagion and the Production of Informational Remedies (Bedard M.)

Bank Systems Contagion in Banking Risk-taking and Risk Management Too-Big-To-Fail

Abstract This article reassess informational financial contagion theory relevant to systemic risk in banking in the light of a coordination problem approach to economics, and then proceed to analyze and comment some related types of ``Too Big to Fail" policies. Typically, policies to limit or contain informational contagion place too much emphasis on disclosed scientific information search and neglect the conjunctural information, or knowledge surrogates, stemming from the actions taken by managers and investors in face of the bank's adverse situation.
External link
Libref/ Bedard M. (2012) “Informational Contagion and the Production of Informational Remedies”
© Программирование — Александр Красильников, 2008
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