Table 2.
Subject’s balance sheet in the experiment
| Assets | Liabilities and owner equity |
|---|---|
| Cash (Ci) | External debt claim (bi) |
| External investments (βi) | Interbank liabilities (Lij; j ≠ i) |
| Interbank loans (Lji; j ≠ i) | Equity (ei) |
| Liquid securities ; no short sale | |
| Illiquid assets ; fixed allocation |