Showing 1 - 10 of 41
Persistent link: https://www.econbiz.de/10014437445
Persistent link: https://www.econbiz.de/10014443094
the case of single-period contracts extended by many authors to the multi-period case. The introduction of multi …-period contracts raises many issues that are discussed in detail; time horizon, discounting, commitment of the parties, contract … renegotiation and accidents underreporting. Section 4 covers the literature on competitive contracts. The analysis is more …
Persistent link: https://www.econbiz.de/10014166478
We address the moral hazard problem of securitization using a principal-agent model where the investor is the principal and the lender is the agent. Our model considers structured asset-backed securitization with a credit enhancement (tranching) procedure. We assume that the originator can...
Persistent link: https://www.econbiz.de/10011783323
Persistent link: https://www.econbiz.de/10014416174
Persistent link: https://www.econbiz.de/10014417876
Persistent link: https://www.econbiz.de/10000908233
Persistent link: https://www.econbiz.de/10000963926
Persistent link: https://www.econbiz.de/10000977377
Persistent link: https://www.econbiz.de/10000995235