First-best debt relief

DOI10.1016/J.ECONLET.2003.07.009zbMATH Open1254.91330OpenAlexW2041794604MaRDI QIDQ1927434

Gordon Douglas Menzies

Publication date: 1 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2003.07.009

zbMATH Keywords

debt overhangdebt forgivenesshyper-incentive contract

Mathematics Subject Classification ID

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