An Economic Approch to the Bankruptcy Procedure (Written in Korean)
In this paper, we propose a new bankruptcy algorithm. The proposed algorithm is comprised of four tasks. Task A is the procedure of soliciting bids, Task B is the procedure of allocating claims, Task C is the procedure of trading claims, and Task D is the procedure of exercising option s and holding...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2001-12-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.2001.23.1-2.151 |