Abstract / Description of output
We develop a new bankruptcy procedure that makes use of multiple auctions. The procedure" is designed to work even when capital markets do not function well (for example in developing" economies, or in economies in transition) -- although it can be used in all economies.
| Original language | English |
|---|---|
| Pages (from-to) | 461-473 |
| Number of pages | 13 |
| Journal | European Economic Review |
| Volume | 41 |
| Issue number | 3-5 |
| Publication status | Published - Nov 1997 |