Thomas Philippon, Cecilia Parlatore Sep 25,2023
Working Paper No.00074-01
We study the optimal design of stress scenarios. A principal manages the unknown risk exposures of agents by asking them to... Read More
Thomas Philippon, Cecilia Parlatore Sep 25,2023
Working Paper No.00074-01
We study the optimal design of stress scenarios. A principal manages the unknown risk exposures of agents by asking them to... Read More
Thomas Philippon, Cecilia Parlatore Sep 25,2023
Working Paper No.00074-01
We study the optimal design of stress scenarios. A principal manages the unknown risk exposures of agents by asking them to... Read More
Alejandro Rivera Sep 27,2023
Working Paper No.00128-00
This paper develops a methodology to solve dynamic principal-agent problems in which the agent features present-biased time preferences and naive... Read More
Garud Iyengar,Jay Sethuraman,Wenjun Wang, Fahad Saleh Oct 17,2023
Working Paper No.00079-01
We examine a supply chain with a single risk-averse manufacturer who purchases from suppliers and sells to consumers. Within this... Read More
Alberto Martin,Sergio Mayordomo, Victoria Vanasco Nov 14,2023
Working Paper No.00108-01
Governments often support private credit through guarantee schemes, which compen-sate private lenders in the event of borrower default. A key... Read More
Alberto Martin,Sergio Mayordomo, Victoria Vanasco Nov 14,2023
Working Paper No.00108-01
Governments often support private credit through guarantee schemes, which compen-sate private lenders in the event of borrower default. A key... Read More
Zhiheng He,Ke Tang, Lin William Cong (叢林) Dec 30,2023
Working Paper No.00134-00
Blockchain-based platforms and decentralized finance prominently features ``staking'': Besides offering a convenience yield for transactions as digital media of exchange,... Read More
Ron Kaniel , Yizhou Xiao Lin William Cong (叢林) Dec 30,2023
Working Paper No.00136-00
A pandemic or nationalism can dial back global integration as much as advancements in IT and transportation spur it. We... Read More
Ron Kaniel , Yizhou Xiao Lin William Cong (叢林) Dec 30,2023
Working Paper No.00136-00
A pandemic or nationalism can dial back global integration as much as advancements in IT and transportation spur it. We... Read More