Equilibrium and optimal financial and insurance contracts under asymmetric information

This thesis studies financial and insurance markets under various specifications of asymmetric information. The opening chapter considers project financing under adverse selection and moral hazard. There are three main contributions. First, the issue of combinations of debt and equity is explained a...

Full description

Bibliographic Details
Main Author: Koufopoulos, Konstantinos
Published: London School of Economics and Political Science (University of London) 2003
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.408715