Browsing Department of Economics (ECO) by Author "RENOU, Ludovic"
Title:A Costly State Verification Model with Diversity of Opinions Author(s):CARLIER, Guillaume; RENOU, LudovicDate:2005Citation:Economic Theory, 2005, 25, 2, 497-504Type of Publication:ArticleAbstract:In simple models of borrowing and lending with ex-post asymmetric information, Gale and Hellwig (1985) and Williamson (1986) have shown that optimal debt contracts are simple debt contracts where borrowers repay a fixed ...
Title:Three essay on heterogenous beliefs in costly state verification models Author(s):RENOU, LudovicDate:2004Citation:Florence, European University Institute, 2004Type of Publication:ThesisSeries/Report no.:EUI PhD theses; Department of Economics
Title:Beliefs about Beliefs and Endogenous Formation of a Multi-lender Coalition in a Costly State Verification Model Author(s):RENOU, LudovicDate:2003Type of Publication:Working PaperSeries/Report no.:EUI ECO; 2003/21