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 |
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Keywords
- Bankruptcy reform
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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 journal › Article
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 -