Beliefs about Beliefs and Endogenous Formation of a Multi-lender Coalition in a Costly State Verification Model
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Keywordscostly state verification; higher-order beliefs; multi-lender coalition; heterogenous prior; incomplete information;
- C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- G2 - Financial Economics - - Financial Institutions and Services
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