Browsing Recerca: working papers, informes, etc. by Author "Ottaviani, Marco"

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Browsing Recerca: working papers, informes, etc. by Author "Ottaviani, Marco"

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  • Banal-Estañol, Albert; Ottaviani, Marco (2009)
    The paper analyzes the determinants of the optimal scope of incorporation in the presence of bankruptcy costs. Bankruptcy costs alone generate a non-trivial tradeoff between the benefit of coinsurance and the cost of risk ...

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