Sovereign debt and incentives to default with uninsurable risks

DOI10.3982/TE2146zbMath1396.91786OpenAlexW2290315746MaRDI QIDQ4682786

Yiannis Vailakis, Gaetano Bloise, Herakles M. Polemarchakis

Publication date: 19 September 2018

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

Full work available at URL: https://doi.org/10.3982/te2146

zbMATH Keywords

incomplete marketssovereign riskPonzi gamesreputational debt

Mathematics Subject Classification ID

Other game-theoretic models (91A40) Credit risk (91G40)

Related Items (2)

A contraction for sovereign debt models ⋮ Asset shortages, liquidity and speculative bubbles

This page was built for publication: Sovereign debt and incentives to default with uninsurable risks