Repudiation and Renegotiation: The Case of Sovereign Debt
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Publication:3826315
DOI10.2307/2526545zbMath0672.90021MaRDI QIDQ3826315
Douglas Gale, Martin F. Hellwig
Publication date: 1989
Published in: International Economic Review (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2526545
contract theory; strategic stability; renegotiation; sovereign debt; inefficient equilibrium; many equilibria
91B24: Microeconomic theory (price theory and economic markets)
91A40: Other game-theoretic models
91B50: General equilibrium theory
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