Changes in Information and Optimal Debt Contracts. The Sea Loan.

In this paper the relevance of public and symmetric information on the enforceability of contracts will be analyze. In particular, it will examine an historical contract, the sea loan, which was used to finance long-distance maritime commerce from the times of ancient Greece to those of Medieval Ages.

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Year of publication:	1997
Authors:	Gonzalez de Lara, Y
Institutions:	Department of Economics, European University Institute
Subject:	INFORMATION \| CONTRACTS \| DEBT \| DECISION MAKING \| ECONOMIC DEVELOPMENT

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Series:	Economics Working Papers.
Type of publication:	Book / Working Paper
Notes:	50 pages
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; D82 - Asymmetric and Private Information ; N23 - Europe: Pre-1913 ; O17 - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005557709