Broll, Udo (contributor); Welzel, Peter (contributor) - 2003 - [Elektronische Ressource]
of
the loan volume are invested in loan type 1 and 2, respectively. The risk averse
bank management maximizes a von … default as default on interest payment alone and ignore
operational costs. The decision problem of the bank management is then …
Management, in M. Frenkel, U. Hommel, and M. Rudolf (Eds.), Risk Manage-
ment: Challenge and Opportunity, Berlin et al.: Springer …