Game Options approach in bankruptcy triggering asset value
نویسندگان
چکیده
منابع مشابه
Asset Reallocation in Bankruptcy
This paper investigates the consequences of Chapter 7 liquidation and Chapter 11 reorganization on the reallocation and subsequent utilization of assets in bankruptcy. We identify 129,000 bankrupt establishments and construct a novel dataset that tracks the occupancy and utilization of real estate assets over time. Asset reallocation is widespread, as nearly 80% of real estate is not occupied b...
متن کاملInternet Appendix for Asset Allocation in Bankruptcy
This appendix contains additional descriptions, results, and robustness tests to supplement the analyses in the paper. Section A below provides a full description of the analysis in each table. Section B derives a theoretical search model that formally captures key hypotheses in the paper. Section C describes the matching process of the bankruptcy filings to the census data, and sample selectio...
متن کاملCombination of real options and game-theoretic approach in investment analysis
Investments in technology create a large amount of capital investments by major companies. Assessing such investment projects is identified as critical to the efficient assignment of resources. Viewing investment projects as real options, this paper expands a method for assessing technology investment decisions in the linkage existence of uncertainty and competition. It combines the game-theore...
متن کاملA New Method in Bankruptcy Assessment Using DEA Game Theory
One of the most important economic concepts is evaluation and bankruptcy prediction. Financial events, which an organization could be, exposed to serious risks and it goes bankruptcy. Therefore, prediction and assessment bankruptcy enable organizations that to be familiar the financial risks and resolve their financial deficiencies. So in this paper, we discuss one of the most important economi...
متن کاملPricing of Rainbow Options: Game Theoretic Approach
The general approach for the pricing of rainbow (or colored) options with fixed transaction costs is developed from the game theoretic point of view. The evolution of the underlying common stocks is considered in discrete time. The main result consists in the explicit calculation of the hedge price for a variety of the rainbow options including option delivering the best of J risky assets and c...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Boletim da Sociedade Paranaense de Matemática
سال: 2017
ISSN: 2175-1188,0037-8712
DOI: 10.5269/bspm.v37i3.34489