Harsh default penalties lead to Ponzi schemes (Q1002339)
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scientific article; zbMATH DE number 5518829
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Harsh default penalties lead to Ponzi schemes |
scientific article; zbMATH DE number 5518829 |
Statements
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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