Anton Tsoy , Nicolas Inostroza Jul 11,2023
Working Paper No.00105-00
An asset owner designs an asset-backed security and a signal about its value. After privately observing the signal, he sells... Read More
Benjamin Hebert , Barney Hartman-Glaser Jan 08,2019
Working Paper No.00049-00
We model the widespread failure of contracts to share risk using available indices. A borrower and lender can share risk... Read More
Andrey Malenko , Anton Tsoy Dec 14,2016
Working Paper No.00006-00
In many cases, buyers are not fully informed about their valuations and rely on the advice of biased experts. For... Read More