The Valuation of Assets Under Moral Hazard
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Book Overview
In this insightful book, Thakor and Ramakrishnan explore how moral hazard affects the valuation of assets. They provide a framework for analyzing the impact of moral hazard on asset prices and show how different types of assets are affected in different ways. A must-read for anyone interested in financial economics.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
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