Harsh default penalties lead to Ponzi schemes (Q1002339): Difference between revisions
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Revision as of 23:40, 22 February 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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