The second section: theoretical basis of the deposit insurance system, including the fragility theory and the panic theory on financial institution.

第二部分，存款保险制度的理论依据，分为金融机构内在脆弱性理论和金融机构恐慌理论。

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The depositor's behavior is the key factor that causes the financial institution dealing with the deposit unstable in the panic theory. The financial risk contagiosity can't be ignored too.

金融机构恐慌理论认为存款人的行为是引起存款性金融机构不稳定的关键因素，金融机构危机所具有的传染性同样不可忽视。

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As for the third-generation models, two main views were developed, namely"moral hazard-driven crisis theory"and"financial panic-driven crisis theory".

亚洲危机后的第三代模型将研究视角转向微观层面，形成了道德风险模型和金融恐慌模型。

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