A new bankruptcy procedure that uses multiple auctions

Oliver Hart, Rafael La Porta Drago, Florencio Lopez-de-Silanes, John Moore

    Research output: Contribution to journalArticle

    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 languageEnglish
    Pages (from-to)461-473
    Number of pages13
    JournalEuropean Economic Review
    Volume41
    Issue number3-5
    Publication statusPublished - Apr 1997

    Fingerprint

    Auctions
    Bankruptcy
    Multiple use
    Capital markets
    Developing economies

    Keywords

    • Bankruptcy reform

    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.
    Hart, Oliver ; La Porta Drago, Rafael ; Lopez-de-Silanes, Florencio ; Moore, John. / A new bankruptcy procedure that uses multiple auctions. In: European Economic Review. 1997 ; Vol. 41, No. 3-5. pp. 461-473.
    @article{7d48a8c3434342778e7bf8feee1ad42d,
    title = "A new bankruptcy procedure that uses multiple auctions",
    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. {\circledC} 1997 Elsevier Science B.V.",
    keywords = "Bankruptcy reform",
    author = "Oliver Hart and {La Porta Drago}, Rafael and Florencio Lopez-de-Silanes and John Moore",
    year = "1997",
    month = "4",
    language = "English",
    volume = "41",
    pages = "461--473",
    journal = "European Economic Review",
    issn = "0014-2921",
    publisher = "Elsevier",
    number = "3-5",

    }

    Hart, O, La Porta Drago, R, Lopez-de-Silanes, F & Moore, J 1997, 'A new bankruptcy procedure that uses multiple auctions', European Economic Review, vol. 41, no. 3-5, pp. 461-473.

    A new bankruptcy procedure that uses multiple auctions. / Hart, Oliver; La Porta Drago, Rafael; Lopez-de-Silanes, Florencio; Moore, John.

    In: European Economic Review, Vol. 41, No. 3-5, 04.1997, p. 461-473.

    Research output: Contribution to journalArticle

    TY - JOUR

    T1 - A new bankruptcy procedure that uses multiple auctions

    AU - Hart, Oliver

    AU - La Porta Drago, Rafael

    AU - Lopez-de-Silanes, Florencio

    AU - Moore, John

    PY - 1997/4

    Y1 - 1997/4

    N2 - 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.

    AB - 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.

    KW - Bankruptcy reform

    M3 - Article

    VL - 41

    SP - 461

    EP - 473

    JO - European Economic Review

    JF - European Economic Review

    SN - 0014-2921

    IS - 3-5

    ER -

    Hart O, La Porta Drago R, Lopez-de-Silanes F, Moore J. A new bankruptcy procedure that uses multiple auctions. European Economic Review. 1997 Apr;41(3-5):461-473.