The Credit Asset of Enterprise Accounts Receivable Pricing Model
نویسندگان
چکیده
منابع مشابه
Asset Pricing and the Credit Market
We study asset pricing and trading behavior in an exchange economy populated by two agents with different risk aversion. We show that the credit market plays a central role in the risk sharing between the two agents. It allows the less-risk-averse agent to borrow in order to take on levered positions in the stock and thus bear more risk. Optimal risk sharing results in the more-risk-averse agen...
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ژورنال
عنوان ژورنال: Complexity
سال: 2018
ISSN: 1076-2787,1099-0526
DOI: 10.1155/2018/9695212