Titlebook: Capital Market Equilibria; Günter Bamberg,Klaus Spremann Conference proceedings 1986 Springer-Verlag Berlin Heidelberg 1986 Arbitrage.Fina

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The Value of Security Agreements,n credit support decision models is given and the role of collateralization is examined in the context of these models. Section 2 seeks to prove that the neoclassical theory of finance fails to explain the empirical evidence of security agreements in credit-contracts. Section 3 examines a rather new

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