The Diamond-Dybvig model was born in 1983 by the joint studies of Philip Dybvig and Douglas Diamond. The two had begun parallel projects in the early 80s, both motivated to better understand the involvement of financial intermediaries, in particular banks, in the dynamics of the Great Depression. Their theoretical model defined the role of banks […]

“Perfection does not exist”: we all agree on that. However, many of us, the most reflective ones in particular, tend to wait until the very last moment before making important decisions in the hope of finding the perfect one. As a result, every relevant decision is accompanied by overthinking and anxiety about choosing the wrong […]