Suppose the bank offers $($d$1,$ d$2)=(1\mathrm{.}4,3\mathrm{.}6).$ An agent expects that M $=630$ other agents will

withdraw at T $=1.$

What is the best response of the type$-2$ consumer, i$.$e$.$ does he has an incentive to run to the

bank and withdraw at T $=1?$

$($e$)$ What is the maximum number of wit