COSTLY STATE VERIFICATION AND DEBT CONTRACTS

Andrea Attar and Eloisa Campioni

Departmental Working Papers from Tor Vergata University, CEIS

Abstract: This paper presents a critical review of the Costly State Verification framework and shows how this framework provides the best conditions to obtain optimality results of debt contract.

Date: 2002-09
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Persistent link: http://EconPapers.repec.org/RePEc:rtv:ceiswp:172

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