Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10009507410
Persistent link: https://www.econbiz.de/10011457002
Persistent link: https://www.econbiz.de/10012694508
We consider a privately informed issuer which holds a portfolio of assets that can be sold to raise cash, where the fractions of assets sold serve as a multidimensional signal. If good news about one asset is good news for the others, then there is a unique equilibrium that satisfies the...
Persistent link: https://www.econbiz.de/10011862114