Julian Rivero
McNair Scholar 2025
- Major(s): Finance, Economics Minor
- Classification: Senior
- Anticipated Graduation Date: Spring 2026
- Career Aspirations: After earning my bachelor’s degree, I plan to pursue a Master of Business Administration with the intention of becoming a valuable asset in the workplace. I hope to build a strong career in banking while giving back to those who've helped throughout the way.
“My favorite part of the McNair experience was connecting with other driven scholars who share a similar passion for higher education. Being part of a group full of motivated individuals created an atmosphere that challenged me to grow. Through McNair, I have gained the valuable resources necessary to advance my professional career in finance.”
“Simulated Bank Runs in an Experimental Setting”
Faculty Mentor: Dr. Eric Hoffman
In order to explain what causes a bank run, famous literature illustrates coordination problems arising from the expectations of another's actions rather than by economic factors. In addition, this paper shows how deposit insurance influences depositor behavior in a simulated banking environment. Through a classroom experiment in which students make withdrawal decisions under different solvency and insurance treatments, we illustrate that deposit insurance significantly influences the likelihood of withdrawal. These results are consistent with Diamond and Dybvig (1983) and similar experimental studies, emphasizing that withdrawals are driven more by expectations of others’ actions, rather than by economic factors.