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- W1986183178 abstract "Recent research has begun the task of integrating contingent claims analysis with modern corporate finance by incorporating strategic behaviour in dynamic models of corporate security valuation. This paper reports on and illustrates these developments by presenting a simple pricing model in which two debt-holders with incomplete information about each other's type decide when to foreclose on a financially-distressed firm." @default.
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- W1986183178 date "1996-04-01" @default.
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- W1986183178 title "Creditor races and contingent claims" @default.
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- W1986183178 doi "https://doi.org/10.1016/0014-2921(95)00098-4" @default.
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