Showing 1 - 10 of 35
Persistent link: https://www.econbiz.de/10001954697
Persistent link: https://www.econbiz.de/10003397501
Lenders are frequently accused of mispricing the put option imbedded in non-recourse lending (Herring and Wachter, 1999 and 2003). Prior research (Pavlov and Wachter, 2004) shows one lender's incentives to underprice. Here we identify the conditions for a market-wide underpricing equilibrium. We...
Persistent link: https://www.econbiz.de/10014057396
Persistent link: https://www.econbiz.de/10010518905
Persistent link: https://www.econbiz.de/10001335496
Persistent link: https://www.econbiz.de/10001332736
Persistent link: https://www.econbiz.de/10001759053
Persistent link: https://www.econbiz.de/10000044225
Persistent link: https://www.econbiz.de/10003050553
Persistent link: https://www.econbiz.de/10010471058