Understanding the Asian crisis: systemic risk as coordination failure
Abstract: Systemic crises, such as the recent Asian crisis, may be due to an inability of individual to optimally coordinate their investment strategies.
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/economic_perspectives/1998/ep3Q98_2.pdf
Provider: Federal Reserve Bank of Chicago
Part of Series: Economic Perspectives
Publication Date: 1998
Issue: Q III