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Safety Valve Model Of Equity As Anti-Opportunism eBook

by Henry E. Smith, Ezra Friedman e Kenneth Ayotte
language: english
Publisher: CAMBRIDGE UNIVERSITY PRESS, September of 2023 ‧
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This Element presents a simple contracting model that captures the role of equity as a safety valve, and shows how it can solve problems posed by opportunists. It also shows that it is often preferable to limit equity, reserving it for use only against those who appear sufficiently likely to be opportunists.

Safety Valve Model Of Equity As Anti-Opportunism

by Henry E. Smith, Ezra Friedman e Kenneth Ayotte

Property Description
ISBN: 9781009217958
Publisher: CAMBRIDGE UNIVERSITY PRESS
Release Date: September of 2023
Language: English
Format: eBook
File Format and Compatibility:
Categories: eBooks in English > Economics, Finance and Accounting > Finances
EAN: 9781009217958
Acessibilidade: Ver características de acessibilidade indicadas pelo editor