REAL OPTION SIGNALING GAMES OF DEBT FINANCING USING EQUITY GUARANTEE SWAPS UNDER ASYMMETRIC INFORMATION

DOI10.1142/S0219024920500363zbMath1457.91413OpenAlexW3038345066MaRDI QIDQ5148001

Qiuqi Wang, Yue Kuen Kwok

Publication date: 29 January 2021

Published in: International Journal of Theoretical and Applied Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1142/s0219024920500363

zbMATH Keywords

signaling gamesreal optionsinformation costsdebt financingseparating and pooling equilibriums

Mathematics Subject Classification ID

Applications of game theory (91A80) Signaling and communication in game theory (91A28) Corporate finance (dividends, real options, etc.) (91G50)

Cites Work

• Investment and financing for SMEs with a partial guarantee and jump risk
• Finite project life and uncertainty effects on investment
• Mathematical models of financial derivatives
• Real options signaling game models for dynamic acquisition under information asymmetry
• Dynamic bankruptcy procedure with asymmetric information between insiders and outsiders
• Investment timing, debt structure, and financing constraints
• Entrepreneurial finance with equity-for-guarantee swap and idiosyncratic risk
• REAL OPTIONS AND SIGNALING IN STRATEGIC INVESTMENT GAMES

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