Guo, Guixia; Wang, Frank Yong; Wei, Xu - In: Economics Letters 124 (2014) 2, pp. 222-226
In this paper, we consider the optimal selling strategy for an asset securitization originator (the issuer) when the potential buyers hold diverse beliefs. We find that the tranching process is beneficial to the issuer because it increases the total sale price. We also consider the optimal...
