Many scholars of law and economics have taken an interest in game theory. This article, part of a symposium on new … developments in law and literature, focuses on the narrative structures of the most standard of the game theory names: Prisoners … theory matrices that they exemplify. While other names and situations could have illustrated the games’ strategic elements …

information and game theory. Specifically, how the regulatory failures resulted in mortgage brokers and lenders that were not …-to-day activities of mortgage brokers and their relationship with consumers. This article identifies the three regulatory and … legislative failures related to mortgage lending, and then examines these failures through the economic concepts of asymmetrical …

The unprecedented growth, eventual take-over of half the mortgage market and ultimate failure of Fannie Mae and Freddie …

Mortgage contract design has been identified as a contributory factor in the recent market crisis. Here we examine … alternative mortgage products (including interest-only and other deferred amortization structures) and develop a game theoretic … generally provide support for the theory …