
NAME
Paolo Fulghieri
INSTITUTION
University of North Carolina
OFFICE PHONE NUMBER
919 260 6730
EMAIL
paolo_fulghieri@unc.edu
ADDRESS
4109 McColl Building -
Kenan-Flagler Business School -
University of North Carolina -
Chapel Hill, NC 27599
We study a security design problem under asymmetric information, in the spirit of Myers and Majluf (1984). We introduce a...