Abstract
We propose 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. © 1997 Elsevier Science B.V.
| 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 - Apr 1997 |
Keywords
- Bankruptcy reform
Fingerprint Dive into the research topics of 'A new bankruptcy procedure that uses multiple auctions'. Together they form a unique fingerprint.
Cite this
Hart, O., La Porta Drago, R., Lopez-de-Silanes, F., & Moore, J. (1997). A new bankruptcy procedure that uses multiple auctions. European Economic Review, 41(3-5), 461-473.