Game Changer - the game theory podcast   /     The 2022 Nobel Prize – why the economy needs banks | with Karolin Kirschenmann

Description

In this episode, Karolin Kirschenmann explains why this year’s Nobel Prize in economics was given to Ben Bernanke, Douglas Diamond and Philip Dybvig. We discuss their research on the role of banks in the economy and the models developed by the researchers. We deep-dive into the modelling of bank-runs and their relationship to Game Theory.     Karolin Kirschenmann is deputy head of ZEW's Research Unit “Pensions and Sustainable Financial Markets”. Her research focuses on the areas of banking and (global) financial intermediation.

Subtitle
In this episode, Karolin Kirschenmann explains why this year’s Nobel Prize in economics was given to Ben Bernanke, Douglas Diamond and Philip Dybvig. We discuss their research on the role of banks in the economy and the models developed by the...
Duration
35:01
Publishing date
2022-11-08 00:00
Link
https://tws-gamechanger.libsyn.com/the-2022-nobel-prize-why-the-economy-needs-banks-with-karolin-kirschenmann
Contributors
  TWS Partners
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Enclosures
https://traffic.libsyn.com/secure/tws-gamechanger/K_Kirschenmann_-_Nobel_2022_Banking.mp3?dest-id=2368262
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Shownotes

In this episode, Karolin Kirschenmann explains why this year’s Nobel Prize in economics was given to Ben Bernanke, Douglas Diamond and Philip Dybvig. We discuss their research on the role of banks in the economy and the models developed by the researchers. We deep-dive into the modelling of bank-runs and their relationship to Game Theory.  

 

Karolin Kirschenmann is deputy head of ZEW's Research Unit “Pensions and Sustainable Financial Markets”. Her research focuses on the areas of banking and (global) financial intermediation.