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Banking and Bank Runs We are going to learn a bit about what a bank does and why it leads to the possibility of bank runs. –We will start out today with.
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Diamond Dybvig Model (1983) Captures elements of what a bank does. Shows that there is a basic problem of bank runs. The model consists of two parties.
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Kidnapping and Extortion Chapter 13. Copyright ©2008 The McGraw-Hill Companies, Inc. All rights reserved. 2 KIDNAPPING In many kidnappings, the victims.