Krueger, Dirk; Uhlig, Harald - Center for Financial Studies - 2005
.e. there is one-sided commitment. We consider the extreme scenario that the agents face no costs to walking away, and can sign …
No. 2005/07
Competitive Risk Sharing Contracts
with One-Sides Commitment
Dirk Krueger and Harald Uhlig … Contracts
with One-Sided Commitment*
Dirk Krueger
1
and Harald Uhlig
2
February 21, 2005
Abstract:
This paper …