Dynamic Security Design

Dynamic Security Design
Author :
Publisher :
Total Pages : 47
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ISBN-10 : OCLC:254414917
ISBN-13 :
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Download or read book Dynamic Security Design written by and published by . This book was released on 2004 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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This paper studies optimal security design in a dynamic setting with an agency problem that arises when an agent in charge of a project can divert cash flows fo
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