Acharya, Viral V. (contributor); Viswanathan, S. (contributor) - 2007
problem to motivate limited funding liquidity. The rent-seeking problem is perhaps more relevant or appropriate
for management … turn, leads to liquidation by financial intermediaries
who engage in risk management. These models, however, do not … explicitly model why lenders
engage in risk management and why collateral requirements are imposed (even though they do
recognize …