Harsh default penalties lead to Ponzi schemes
type: Item
instance of: scholarly article
title: Harsh default penalties lead to Ponzi schemes
zbMATH Open document ID: 1156.91427
author: Abdelkrim Seghir
author: Mário R. Páscoa
published in: Games and Economic Behavior
publication date: 2009-02-25T00:00:00Z
Mathematics Subject Classification ID: 91B60
Mathematics Subject Classification ID: 91B50
zbMATH DE Number: 5518829
zbMATH Keywords: equilibrium
zbMATH Keywords: incomplete markets
zbMATH Keywords: default
zbMATH Keywords: collateral
zbMATH Keywords: utility penalties
zbMATH Keywords: Ponzi schemes
MaRDI profile type: Publication
full work available at URL: j.geb.2007.10.002
OpenAlex ID: W2162815562
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DOI: 10.1016/J.GEB.2007.10.002
description: scientific article; zbMATH DE number 5518829