Details about Rodney Garratt

E-mail:
Homepage:	http://www.econ.ucsb.edu/~garratt
Postal address:	Rod Garratt 3046 North Hall University of California Santa Barbara 93106
Workplace:	Department of Economics, University of California-Santa Barbara (UCSB), (more information at EDIRC)

Access statistics for papers by Rodney Garratt.

Last updated 2022-11-29. Update your information in the RePEc Author Service.

Short-id: pga75

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Jump to Journal Articles Chapters

Working Papers

2022

1. Regulatory Requirements of Banks and Arbitrage in the Post-Crisis Federal Funds Market
   Staff Working Papers, Bank of Canada
2. The Case for Convenience: How CBDC Design Choices Impact Monetary Policy Pass-Through
   BIS Working Papers, Bank for International Settlements
3. The Future of Payments Is Not Stablecoins
   Liberty Street Economics, Federal Reserve Bank of New York View citations (1)

2021

4. Estimating Policy Functions in Payments Systems Using Reinforcement Learning
   Staff Working Papers, Bank of Canada View citations (2)
5. Monetizing Privacy
   Staff Reports, Federal Reserve Bank of New York

2020

6. COVID-19 and the Search for Digital Alternatives to Cash
   Liberty Street Economics, Federal Reserve Bank of New York
7. Monetizing Privacy with Central Bank Digital Currencies
   Liberty Street Economics, Federal Reserve Bank of New York
8. Token- or Account-Based? A Digital Currency Can Be Both
   Liberty Street Economics, Federal Reserve Bank of New York View citations (4)
9. Why Fixed Costs Matter for Proof-of-Work Based Cryptocurrencies
   Staff Working Papers, Bank of Canada View citations (6)

2019

10. An Application of Shapley Value Cost Allocation to Liquidity Savings Mechanisms
    Staff Working Papers, Bank of Canada View citations (3)
    See also Journal Article in Journal of Money, Credit and Banking (2022)
11. Entrepreneurial Incentives and the Role of Initial Coin Offerings
    Staff Working Papers, Bank of Canada View citations (17)
    See also Journal Article in Journal of Economic Dynamics and Control (2022)
12. Systemic Privacy as a Public Good: A Case for Electronic Cash
    Staff Working Papers, Bank of Canada View citations (6)
13. Who Sees the Trades? The Effect of Information on Liquidity in Inter-Dealer Markets
    Staff Reports, Federal Reserve Bank of New York

2017

14. The economics of distributed ledger technology for securities settlement
    Bank of England working papers, Bank of England View citations (19)
15. The missing links: A global study on uncovering financial network structures from partial data
    ESRB Working Paper Series, European Systemic Risk Board View citations (24)
    See also Journal Article in Journal of Financial Stability (2018)

2016

16. Bitcoin 1, Bitcoin 2,...: An experiment in privately issued outside monies
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (2)
    See also Journal Article in Economic Inquiry (2018)
17. Centralized netting in financial networks
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara
    See also Journal Article in Journal of Banking & Finance (2020)

2015

18. Does central clearing reduce counterparty risk in realistic financial networks?
    Staff Reports, Federal Reserve Bank of New York View citations (9)
19. Let me, or Let George? Motives of competing altruists
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (2)
    See also Journal Article in Games and Economic Behavior (2019)
20. Nonlinear pricing with competition: the market for settling payments
    Staff Reports, Federal Reserve Bank of New York View citations (1)
21. Saving lives with stem cell transplants
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (4)
    See also Journal Article in Journal of Risk and Uncertainty (2015)
22. Segregated balance accounts
    Staff Reports, Federal Reserve Bank of New York View citations (6)

2014

23. Turnover in Fedwire Funds Has Dropped Considerably since the Crisis, but It's Okay
    Liberty Street Economics, Federal Reserve Bank of New York View citations (2)
24. Variations in liquidity provision in real-time payment systems
    Bank of England working papers, Bank of England View citations (4)

2013

25. Second-chance offers
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara

2012

26. Bank behaviour and risks in CHAPS following the collapse of Lehman Brothers
    Bank of England working papers, Bank of England View citations (9)
27. Stem Cell Donor Matching for Patients of Mixed Race
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (7)
    See also Journal Article in The B.E. Journal of Economic Analysis & Policy (2012)
28. Using Shapley’s asymmetric power index to measure banks’ contributions to systemic risk
    Bank of England working papers, Bank of England View citations (1)

2011

29. Mapping change in the federal funds market
    Staff Reports, Federal Reserve Bank of New York View citations (3)
30. Mapping systemic risk in the international banking network
    Bank of England working papers, Bank of England View citations (60)
31. The contagious capacity of the international banking network: 1985-2009
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara

2010

32. Decentralizing Lottery Allocations in Markets With Indivisible Commodities
    Levine's Working Paper Archive, David K. Levine View citations (8)
    See also Journal Article in Economic Theory (1995)

2009

33. Ideal Bootstrapping and Exact Recombination: Applications to Auction Experiments
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (1)
34. The State Street Mile: Age and Gender Differences in Competition-Aversion in the Field
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (2)
    Also in University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara (2009) View citations (2)
    See also Journal Article in Economic Inquiry (2013)

2008

35. Collusion via Resale
    Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) View citations (3)
    Also in Staff General Research Papers Archive, Iowa State University, Department of Economics (2007) View citations (3)
    See also Journal Article in Econometrica (2009)
36. One Chance in a Million: Altruism and the Bone Marrow Registry
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (4)
    Also in CESifo Working Paper Series, CESifo (2007)
    See also Journal Article in American Economic Review (2009)
37. Which Bank is the "Central" Bank? An Application of Markov Theory to the Canadian Large Value Transfer System
    Staff Working Papers, Bank of Canada View citations (6)
38. Which bank is the \\"central\\" bank? an application of Markov theory to the Canadian Large Value Transfer System
    Staff Reports, Federal Reserve Bank of New York View citations (4)

2006

39. Illiquidity in the interbank payment system following wide-scale disruptions
    Staff Reports, Federal Reserve Bank of New York View citations (18)
    See also Journal Article in Journal of Money, Credit and Banking (2012)

2005

40. Bank Runs: An Experimental Study
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (4)
41. Speculation in Standard Auctions with Resale
    Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich View citations (4)
    Also in Bonn Econ Discussion Papers, University of Bonn, Bonn Graduate School of Economics (BGSE) (2005) View citations (4)
    Microeconomics, University Library of Munich, Germany (2004) View citations (7)
    See also Journal Article in Econometrica (2006)

2004

42. Behavior in Second-Price Auctions by Highly Experienced eBay Buyers and Sellers
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (13)
    See also Journal Article in Experimental Economics (2012)
43. Efficiency in Second-Price Auctions: A New Look at Old Data
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (3)
    See also Journal Article in Review of Industrial Organization (2010)
44. Potential Maximization and Coalition Government Formation
    Working Papers, Fondazione Eni Enrico Mattei View citations (1)
    Also in University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara (2000)
    See also Journal Article in International Game Theory Review (IGTR) (2005)

2003

45. A Tale of Two Cities and a Giffen Good
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara
    See also Journal Article in Canadian Journal of Economics/Revue canadienne d'économique (2005)
46. Speculation in Second-Price Auctions with Resale
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (2)
    Also in Levine's Working Paper Archive, David K. Levine (2003) View citations (1)
    Game Theory and Information, University Library of Munich, Germany (2003) View citations (3)

2002

47. Comparing Sunspot Equilibrium and Lottery Equilibrium Allocations: The Finite Case
    Working Papers, Cornell University, Center for Analytic Economics View citations (1)
    See also Journal Article in International Economic Review (2004)

2001

48. The Intraday Liquidity Management Game
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara View citations (5)
    See also Journal Article in Journal of Economic Theory (2003)

1999

49. A Characterization of Robust Sunspot Equilibria
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara
    See also Journal Article in Journal of Economic Theory (2002)
50. Equity Risk, Conversion Risk, and the Demand for Insurance
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara
    See also Journal Article in Journal of Risk & Insurance (2003)
51. Exclusions and the Demand for Property Insurance
    University of California at Santa Barbara, Economics Working Paper Series, Department of Economics, UC Santa Barbara
    See also Journal Article in The Geneva Risk and Insurance Review (2000)

Journal Articles

2022

1. An Application of Shapley Value Cost Allocation to Liquidity Savings Mechanisms
   Journal of Money, Credit and Banking, 2022, 54, (6), 1875-1888
   See also Working Paper (2019)
2. Entrepreneurial incentives and the role of initial coin offerings
   Journal of Economic Dynamics and Control, 2022, 142, (C)
   See also Working Paper (2019)
3. Fabian Schär and Aleksander Berentsen: Bitcoin, Blockchain, and Cryptoassets: A Comprehensive Introduction
   Business Economics, 2022, 57, (1), 27-30

2021

4. Auctions with speculators: An experimental study
   Games and Economic Behavior, 2021, 128, (C), 256-270
5. Dinero Electrónico: The rise and fall of Ecuador's central bank digital currency
   Latin American Journal of Central Banking (previously Monetaria), 2021, 2, (2) View citations (4)
6. Privacy as a Public Good: A Case for Electronic Cash
   Journal of Political Economy, 2021, 129, (7), 2157 - 2180 View citations (17)

2020

7. Centralized netting in financial networks
   Journal of Banking & Finance, 2020, 112, (C) View citations (12)
   See also Working Paper (2016)

2019

8. Let me, or let George? Motives of competing altruists
   Games and Economic Behavior, 2019, 118, (C), 269-283 View citations (5)
   See also Working Paper (2015)
9. Nonlinear Pricing and the Market for Settling Payments
   Journal of Money, Credit and Banking, 2019, 51, (1), 195-226 View citations (1)

2018

10. BITCOIN 1, BITCOIN 2,....: AN EXPERIMENT IN PRIVATELY ISSUED OUTSIDE MONIES
    Economic Inquiry, 2018, 56, (3), 1887-1897 View citations (34)
    See also Working Paper (2016)
11. The missing links: A global study on uncovering financial network structures from partial data
    Journal of Financial Stability, 2018, 35, (C), 107-119 View citations (29)
    See also Working Paper (2017)

2017

12. Central bank cryptocurrencies
    BIS Quarterly Review, 2017 View citations (131)

2015

13. Mapping change in the overnight money market
    Physica A: Statistical Mechanics and its Applications, 2015, 424, (C), 44-51 View citations (7)
14. Saving lives with stem cell transplants
    Journal of Risk and Uncertainty, 2015, 51, (1), 23-51 View citations (4)
    See also Working Paper (2015)

2014

15. The Role of Counterparty Risk in CHAPS Following the Collapse of Lehman Brothers
    International Journal of Central Banking, 2014, 10, (4), 143-172 View citations (6)
16. The great entanglement: The contagious capacity of the international banking network just before the 2008 crisis
    Journal of Banking & Finance, 2014, 49, (C), 367-385 View citations (10)

2013

17. Choosing Partners: A Classroom Experiment
    The Journal of Economic Education, 2013, 44, (1), 47-57 View citations (1)
18. THE STATE STREET MILE: AGE AND GENDER DIFFERENCES IN COMPETITION AVERSION IN THE FIELD
    Economic Inquiry, 2013, 51, (1), 806-815 View citations (25)
    See also Working Paper (2009)

2012

19. Behavior in second-price auctions by highly experienced eBay buyers and sellers
    Experimental Economics, 2012, 15, (1), 44-57 View citations (39)
    See also Working Paper (2004)
20. Illiquidity in the Interbank Payment System Following Wide-Scale Disruptions
    Journal of Money, Credit and Banking, 2012, 44, (5), 903-929 View citations (20)
    Also in Journal of Money, Credit and Banking, 2012, 44, (5), 903-929 (2012) View citations (10)
    See also Working Paper (2006)
21. Stem Cell Donor Matching for Patients of Mixed Race
    The B.E. Journal of Economic Analysis & Policy, 2012, 12, (1), 1-27 View citations (4)
    See also Working Paper (2012)

2010

22. Efficiency in Second-Price Auctions: A New Look at Old Data
    Review of Industrial Organization, 2010, 37, (1), 43-50 View citations (6)
    See also Working Paper (2004)
23. Which bank is the "central" bank?
    Journal of Monetary Economics, 2010, 57, (3), 352-363 View citations (31)

2009

24. Bank runs as coordination failures: An experimental study
    Journal of Economic Behavior & Organization, 2009, 71, (2), 300-317 View citations (90)
25. Collusion via Resale
    Econometrica, 2009, 77, (4), 1095-1136 View citations (25)
    See also Working Paper (2008)
26. One Chance in a Million: Altruism and the Bone Marrow Registry
    American Economic Review, 2009, 99, (4), 1309-34 View citations (23)
    See also Working Paper (2008)

2006

27. Speculation in Standard Auctions with Resale
    Econometrica, 2006, 74, (3), 753-769 View citations (66)
    See also Working Paper (2005)

2005

28. A tale of two cities and a Giffen good
    Canadian Journal of Economics/Revue canadienne d'économique, 2005, 38, (1), 49-56 View citations (1)
    Also in Canadian Journal of Economics, 2005, 38, (1), 49-56 (2005) View citations (1)
    See also Working Paper (2003)
29. POTENTIAL MAXIMIZATION AND COALITION GOVERNMENT FORMATION
    International Game Theory Review (IGTR), 2005, 07, (04), 407-429
    See also Working Paper (2004)

2004

30. Comparing Sunspot Equilibrium And Lottery Equilibrium Allocations: The Finite Case
    International Economic Review, 2004, 45, (2), 351-386 View citations (10)
    See also Working Paper (2002)

2003

31. Equity Risk, Conversion Risk, and the Demand for Insurance
    Journal of Risk & Insurance, 2003, 70, (3), 439-460
    See also Working Paper (1999)
32. On cooperation structures resulting from simultaneous proposals
    Economics Bulletin, 2003, 3, (5), 1-9 View citations (4)
33. On potential maximization as a refinement of Nash equilibrium
    Economics Bulletin, 2003, 3, (12), 1-11
34. The intraday liquidity management game
    Journal of Economic Theory, 2003, 109, (2), 198-219 View citations (100)
    See also Working Paper (2001)

2002

35. A Characterization of Robust Sunspot Equilibria
    Journal of Economic Theory, 2002, 107, (1), 136-144 View citations (2)
    See also Working Paper (1999)
36. Equilibrium Prices When the Sunspot Variable Is Continuous
    Journal of Economic Theory, 2002, 107, (1), 11-38 View citations (12)

2000

37. A Free Entry and Exit Experiment
    The Journal of Economic Education, 2000, 31, (3), 237-243
38. Exclusions and the Demand for Property Insurance
    The Geneva Risk and Insurance Review, 2000, 25, (2), 131-139
    See also Working Paper (1999)
39. On Market Games When Agents Cannot Be in Two Places at Once
    Games and Economic Behavior, 2000, 31, (2), 165-173 View citations (12)

1999

40. On Bargaining for an Indivisible Good
    Games and Economic Behavior, 1999, 26, (1), 186-192 View citations (1)

1997

41. Indivisibilities, Inferior Goods, and Giffen Goods
    Canadian Journal of Economics, 1997, 30, (1), 246-51 View citations (1)
42. On a Market for Coalitions with Indivisible Agents and Lotteries
    Journal of Economic Theory, 1997, 77, (1), 81-101 View citations (8)

1996

43. Cores and Competitive Equilibria with Indivisibilities and Lotteries
    Journal of Economic Theory, 1996, 68, (2), 531-543 View citations (25)

1995

44. Decentralizing Lottery Allocations in Markets with Indivisible Commodities
    Economic Theory, 1995, 5, (2), 295-313 View citations (24)
    See also Working Paper (2010)
45. Income redistributions without catastrophes
    Journal of Economic Dynamics and Control, 1995, 19, (1-2), 441-455 View citations (9)

1994

46. Concavifiability and the marginal rate of substitution
    Journal of Mathematical Economics, 1994, 23, (4), 395-397
47. Public Finance of Private Goods: The Case of College Education
    Journal of Political Economy, 1994, 102, (3), 566-82 View citations (21)

1992

48. The connectedness of the set of equilibrium money prices depends on the choice of the numeraire
    Journal of Economic Theory, 1992, 56, (1), 206-217 View citations (1)

Chapters

2012

1. Lotteries and the Law of Demand
   Springer View citations (1)