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LAP Lambert Academic Publishing Microeconomic Models of Credit Contracting: Debt renegotiation, government interventions and optimal contracting

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Description

This book deals with the problems of optimal financial contracting under asymmetric information. The chapters 2 and 3 are motivated by the problems faced by entrepreneurs and investors in the economics in transition. These two chapters take the debt form of the financial contract as given and analyze the problems of renegotiation and government credit support. The chapter 4 is devoted to the derivation and characterization of optimal financial contracts for financing investment projects with absolute priority violation. This chapter models the situation of ex post asymmetric information between entrepreneurs and lenders.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
29 September 2009
Listed Since
06 October 2009

Barcode

No barcode data available

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