The Valuation of Assets Under Moral Hazard (Hardcover) (ISBN-13: 9781019958209)

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.

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