effect of allowing renegotiation is that it advantages sellers who possess a credible commitment of default should they have … their commitment of default into higher prices in renegotiation from a buyer. …Renegotiation is a common practice in procurement auctions which allows for post-auction price adjustments and is …

(1995), into which collusion and renegotiation possibilities among agents are incorporated. In this model, we prove that … there exists a linear and stationary optimal compensation scheme which is also immune to collusion and renegotiation. …

Peer-group mechanisms have been widely used by micro-credit institutions to minimize default risk. However, there are …

Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … default. After controlling for other factors, we find that the interest rates charged to black and Latino borrowers tended to … tend to default at a higher rate, but other factors, such as the tendency of black and Latino borrowers to take out larger …

Since February 2010, detailed information on every home mortgage default and foreclosure in New York State must be … that borrowers in default who took larger loans are more likely to progress to foreclosure. It also suggests that reducing …

of the events of fulfilling, delinquency and default of each individual payment on the loan. The proposed model has …