What Game Theory Can Teach Us About Banking Crises

Webinar overview:

In this webinar, Professor Alex Teytelboym, Oxford University Business Economics Programme (OUBEP) Director, will explore how game theory can shed light on financial crises, including bank runs, systemic risk, and financial contagion.

Financial institutions frequently grapple with complex economic questions;

Why do bank runs still occur?
How do defaults spread across the financial system?
What measures can be taken to prevent contagion?

Professor Teytelboym will provide a free ‘taster’ session of OUBEP’s approach, delving into the microeconomic drivers behind key macroeconomic policy issues impacting the financial industry, governments, and regulators.

UK Finance has partnered with OUBEP to offer our members an exclusive discount on OUBEP’s flagship ‘Economics for Business Leaders’ summer programme.

Today’s leaders face a wide array of complex challenges, from climate change and the energy crisis to supply chain disruptions, artificial intelligence, shifting labour markets, and disruptive innovation. Tackling these challenges requires more than traditional management tools.

The Economics for Business Leaders programme goes further — helping you understand and navigate the economic forces underlying these global issues. With lectures and tutorials from world-class academic economists, insights from expert practitioners, and dynamic discussions with peers from diverse sectors, you’ll gain powerful analytical tools to drive resilience and growth in your organisation.

Find out more about OUBEP here: Summer 2025 - UK Finance - OUBEP - Business Economics Programme

Area of expertise:

Capital markets & wholesale Commercial finance Data & analysis International Payments, innovation & resilience

Professor Alexander Teytelboym

Programme Director, OUBEP, Department of Economics, University of Oxford

Alex Teytelboym is a Professor in Economics within the Department of Economics in Oxford, Tutorial Fellow at St Catherine’s College, and Senior Resear...

Alex Teytelboym is a Professor in Economics within the Department of Economics in Oxford, Tutorial Fellow at St Catherine’s College, and Senior Research Fellow for New Economic Thinking (INET) at the Oxford Martin School. He is also a researcher at the Leverhulme Centre for Nature Recovery and serves as the Director of the Oxford University Business Economics Programme. In this role, he leads the ‘Economics of Climate Change’ Programme which has been delivered to over 90 business leaders and policymakers in economic sectors.

Professor Teytelboym is an economist interested in market design as well as social and economic networks. He advises governments, companies and NGOs on matching market systems, auctions, and complex trading systems across several areas from telecoms, energy and dark web to fisheries, natural ecosystems and refugee resettlement. Professor Teytelboym co-founded Refugees.AI which has developed new AI technology for refugee resettlement in the United States.

Find out more about Alex on the Department of Economics’ website.

Briony Krikorian-Slade

Principal, Card Payments, UK Finance

Briony Krikorian-Slade leads on payment issuing and acceptance for UK Finance, the trade body representing around 300 financial firms in the UK. She o...

Briony Krikorian-Slade leads on payment issuing and acceptance for UK Finance, the trade body representing around 300 financial firms in the UK. She oversees a number of industry projects and policy areas, from expanding the use of contactless cards on public transport and in the charity sector, to the interaction between VAT collection and payment systems. Previously Briony worked at the UK Cards Association and before that, the Association of British Insurers, running projects on motor and liability insurance.

Avanthi Weerasinghe

Principal, Capital Markets & Wholesale Policy, UK Finance

Avanthi leads on listings, corporate finance including M&A, and secondary capital market-related policy files. Before joining UK Finance in 2022,...

Avanthi leads on listings, corporate finance including M&A, and secondary capital market-related policy files.

Before joining UK Finance in 2022, Avanthi worked for 15 years as a financial services regulator, including as a Technical Specialist at the Financial Conduct Authority (FCA) in the UK. At the FCA, she held roles within its Capital Markets division, focusing on market monitoring, policy and strategy formulation, and trading venue supervision. Avanthi was involved in implementing regulatory frameworks such as MiFID II/ MiFIR and the Market Abuse Regulation and led the FCA’s sector views for wholesale capital markets, contributing to the FCA’s business planning. She also led the IMF FSAP for the FCA in 2021 and previously held various capital market regulatory and legal roles.

Avanthi is a dual-qualified lawyer in England and Wales, as well as in Sri Lanka and sits on the Membership and Communications Committee of the Law Society of England and Wales.

The Oxford University Business Economics Programme

OUBEP

Today’s leaders face a wide array of complex challenges, from climate change and the energy crisis to supply chain disruptions, artificial intelligenc...

Today’s leaders face a wide array of complex challenges, from climate change and the energy crisis to supply chain disruptions, artificial intelligence, shifting labour markets, and disruptive innovation. Tackling these challenges requires more than traditional management tools. The Oxford University Business Economics Programme (OUBEP) goes further — helping you understand and navigate the economic forces underlying these global issues. With lectures and tutorials from world-class academic economists, insights from expert practitioners, and dynamic discussions with peers from diverse sectors, you’ll gain powerful analytical tools to drive resilience and growth in your organisation.

Business executives and senior decision-makers.

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What Game Theory Can Teach Us About Banking Crises