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

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Revision as of 20:40, 30 January 2024

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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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