Bankruptcy and the Nash solution
AbstractThe putative deficiency of the Nash solution to the bankruptcy game discussed in textbooks is shown to be a mere artefact of an unrealistic assumption made regarding the alternatives available to the bankrupt firm's creditors.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Applied Financial Economics Letters.
Volume (Year): 3 (2007)
Issue (Month): 4 ()
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