Y Wang, H Zhang, Z Zhao - European Financial Management, 2022 - Wiley Online Library
We investigate the investment timing and financing decisions of financially constrained small and medium‐sized enterprises (SMEs) in a real‐option setting with asymmetric …
G Rigopoulos, NV Karadimas - WSEAS Transactions on Business and …, 2022 - wseas.com
Situations where hidden information exists among involved parties can be found in a variety of diverse domains, ranging, for example, from market entry to military operations. Game …
X Liu, Z Yang - Available at SSRN 3472953, 2019 - papers.ssrn.com
We assume an entrepreneur (borrower) must borrow money from a lender (bank) to start a project in a single-period model. The debt is secured by an insurer who takes the project …