Cepec, Jaka; Kovač, Mitja - In: DANUBE: Law, Economics and Social Issues Review 7 (2016) 2, pp. 79-103
The pursuit of ex-ante efficiency in bankruptcy law has been widely discussed in recent law and economics literature. However, the exact incentive mechanisms inducing the optimal commencement of bankruptcy proceedings have generally been exempted from the current scholarly debate. Using the law...
