Harsh default penalties lead to Ponzi schemes (Q1002339): Difference between revisions

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Property / author: Mario Rui Pascoa / rank
 
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Property / full work available at URL: https://doi.org/10.1016/j.geb.2007.10.002 / rank
 
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Latest revision as of 01:54, 29 June 2024

scientific article
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English
Harsh default penalties lead to Ponzi schemes
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    Harsh default penalties lead to Ponzi schemes (English)
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    25 February 2009
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    equilibrium
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    incomplete markets
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    default
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    collateral
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    utility penalties
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    Ponzi schemes
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