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Visualitza Recerca: working papers, informes, etc. per autor "Faure Grimaud, Antoine"

Visualitza Recerca: working papers, informes, etc. per autor "Faure Grimaud, Antoine"

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  • Chemla, Gilles; Faure Grimaud, Antoine (1996-03-01)
    This paper argues that the strategic use of debt favours the revelation of information in dynamic adverse selection problems. Our argument is based on the idea that debt is a credible commitment to end long term ...