Mark Voronovitsky

The run of bank is a phenomenon, when most of bank client demand the return their money from long-term deposits ahead of schedule. Herd behavior of bank clients is one of the reasons of that by our opinion. The run of bank is considered in this paper as an example of herd behavior. Two dynamic models of interaction of the clients and bank was created and investigated. It was shown that at simple and natural suppositions about decision making mechanisms by clients the herd behavior arises. The main purpose of this paper is the investigation of more complicated mechanisms of herd behavior than mechanisms investigated before.