Optimal vs. traditional securities under moral hazard

Keyphrases

• Moral Hazard 100%
• Issuer 100%
• Near-optimality 100%
• Traditional Security 100%
• Multiple Layers 50%
• Nearly Optimal 50%
• Debt Issues 50%
• Established Firms 50%
• Seniority 50%
• Non-traditional Security 50%
• Exercise Price 50%
• Moral Hazard Model 50%
• Optimal Financing 50%
• Financing Instruments 50%

Economics, Econometrics and Finance

• Moral Hazard 100%
• Duration Analysis 50%
• Price 50%