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A costly state verification model with diversity of opinions

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Publication:1779015
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DOI10.1007/S00199-003-0429-5zbMath1107.91064OpenAlexW2417433851MaRDI QIDQ1779015

Ludovic Renou, Guillaume Carlier

Publication date: 20 June 2005

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-003-0429-5


zbMATH Keywords

Costly state verificationHeterogeneity of beliefs.


Mathematics Subject Classification ID


Related Items (6)

The loan contract with costly state verification and subjective beliefs ⋮ Sorting the good guys from bad: on the optimal audit structure with ex-ante information acquisition ⋮ Bankruptcy and firm finance ⋮ Multi-lender coalitions in costly state verification models ⋮ Optimal debt contracts under costly enforcement ⋮ Debt contracts and cooperative improvements







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