P Aghion… - The review of economic Studies, 1992 - restud.oxfordjournals.org
Abstract We analyze incomplete long-term financial contracts between an entrepreneur with
no initial wealth and a wealthy investor. Both agents have potentially conflicting objectives
since the entrepreneur cares about both pecuniary and non-pecuniary returns from the ...
P Bolton… - The American Economic Review, 1990 - JSTOR
By committing to terminate funding if a firm's performance is poor, investors can mitigate
managerial incentive problems. These optimal financial constraints, however, encourage
rivals to ensure that a firm's performance is poor; this raises the chance that the financial ...
P Aghion… - The Review of Economic Studies, 1997 - JSTOR
This paper develops a model of growth and income inequalities in the presence of imperfect
capital markets, and it analyses the trickle-down effect of capital accumulation. Moral hazard
with limited wealth constraints on the part of the borrowers is the source of both capital ...
P Bolton… - 2005 - books.google.com
Despite the vast research literature on topics relating to contract theory, only a few of the
field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the
need for a comprehensive textbook on contract theory suitable for use at the graduate and ...
P Aghion… - The American economic review, 1987 - JSTOR
It is shown that an incumbent seller who faces a threat of entry into his or her market will sign
long-term contracts that prevent the entry of some lower-cost producers even though they do
not preclude entry completely. Moreover, when a seller possesses superior information ...
P Bolton… - Journal of Political Economy, 1996 - JSTOR
Within an optimal contracting framework, we analyze the optimal number of creditors a
company borrows from. We also analyze the optimal allocation of security interests among
creditors and intercreditor voting rules that govern renegotiation of debt contracts. The key ...
P Bolton… - The Quarterly Journal of Economics, 1997 - qje.oxfordjournals.org
Abstract This paper develops a model of the breakup or unification of nations. In each nation
the decision to separate is taken by majority voting. A basic trade-off between the efficiency
gains of unification and the costs in terms of loss of control on political decisions is ...
P Bolton… - The Quarterly Journal of …, 1994 - qje.oxfordjournals.org
Abstract This paper analyzes how organizations can minimize costs of processing and
communicating information. Communication is costly because it takes time for an agent to
absorb new information sent by others. Agents can reduce this time by specializing in the ...
P Bolton,
V Thadden - The Journal of Finance, 1998 - Wiley Online Library
The paper develops a simple model of corporate ownership structure in which costs and
benefits of ownership concentration are analyzed. The model compares the liquidity benefits
obtained through dispersed corporate ownership with the benefits from efficient ...
M Becht, P Bolton… - ECGI-Finance Working Paper No. 02/ …, 2002 - papers.ssrn.com
Abstract: Corporate governance is concerned with the resolution of collective action
problems among dispersed investors and the reconciliation of conflicts of interest between
various corporate claimholders. In this survey we review the theoretical and empirical ...
P Bolton, JF Brodley… - Geo. LJ, 2000 - litigation-essentials.lexisnexis.com
... Predatory pricing poses a dilemma that has perplexed and intrigued the antitrust
community for many years.... First, Bell held its Madison rates below cost for thirteen years
301--conduct that appears inexplicable in the absence of an anticipated reputation effect... ...
M Becht, P Bolton… - Handbook of the Economics of Finance, 2003 - Elsevier
Abstract Corporate governance is concerned with the resolution of collective action
problems among dispersed investors and the reconciliation of conflicts of interest between
various corporate claimholders. In this survey we review the theoretical and empirical ...
P Bolton… - Journal of Political Economy, 2000 - JSTOR
This paper proposes a model of financial markets and corporate finance, with asymmetric
information and no taxes, where equity issues, bank debt, and bond financing coexist in
equilibrium. The relationship banking aspect of financial intermediation is emphasized: ...
E Berglof… - The Journal of Economic Perspectives, 2002 - ingentaconnect.com
Abstract: The Great Divide in economic and financial development and the convergence in
financial architecture among the successful countries raise fundamental questions about
how financial development interacts with economic growth. Is it possible to engineer a ...
P Bolton… - The Review of Economic …, 1993 - restud.oxfordjournals.org
Abstract This paper extends the analysis of transactions cost models of vertical integration to
multilateral settings. Its main focus is on supply assurance concerns which arise when
several downstream firms are competing for inputs in limited supply. Integration reduces ...
P Bolton… - Econometrica, 1999 - Wiley Online Library
This paper extends the classic two-armed bandit problem to a many-agent setting in which N
players each face the same experimentation problem. The main change from the single-
agent problem is that an agent can now learn from the current experimentation of other ...
M Rutter, H Macdonald, A Couteur… - Journal of Child …, 1990 - Wiley Online Library
It has been recognized that children presenting with psychiatric problems often have parents
who also suffer from some form of mental disorder (Janet, 1925; Rutter, 1966, 1987a).
Because parental mental disorder is so often accompanied by serious family difficulties ...
M Rutter, A Bailey, P Bolton… - Journal of Child …, 1994 - Wiley Online Library
Abstract There is general agreement that autism has an organic basis but there is less
agreement on the frequency with which it is associated with known medical conditions. The
evidence in the literature on the latter point is reviewed and it is concluded that the rate of ...
P Aghion, P Bolton, C Harris… - The review of …, 1991 - restud.oxfordjournals.org
Abstract This paper considers a problem of optimal learning by experimentation by a single
decision maker. Most of the analysis is concerned with the characterisation of limit beliefs
and actions. We take a two-stage approach to this problem: first, understand the case ...
P Bolton,
J Scheinkman… - Review of Economic …, 2006 - Wiley Online Library
We present a multiperiod agency model of stock-based executive compensation in a
speculative stock market, where investors have heterogeneous beliefs and stock prices may
deviate from underlying fundamentals and include a speculative option component. This ...
P Bolton… - Journal of Political Economy, 1990 - JSTOR
We argue that although decentralization has advantages in finding low-cost solutions, these
advantages are accompanied by coordination problems, which lead to delay or duplication
of effort or both. Consequently, decentralization is desirable when there is little urgency or ...
P Bolton… - The Journal of Economic Perspectives, 1998 - JSTOR
Patrick Bolton and David S. Scharfstein n his classic 1937 article," The Nature of the Firm,"
Ronald Coase asked one of the most fundamental questions in economics: Why are there
firms? Or, in Coase's words," If production could be carried out without any organisation at ...
P Aghion… - Public debt management: theory and …, 1990 - books.google.com
Until recently, most research and controversy on macro fiscal policies was about when and
whether debt-financed government deficits have real effects on aggregate output and
employment. This problem has typically been studied in a model of a representative agent ...
DF Newbury, E Bonora, JA Lamb, SE Fisher… - The American Journal of …, 2002 - Elsevier
P Bolton, G Roland… - European Economic Review, 1996 - Elsevier
EUROPEAN ECONOMIC REVIEW ELSEVIER European Economic Review 40 (1996) 697-705
Economic theories of the break-up and integration of nations Patrick Bolton ^, Gerard Roland
^ *, Enrico Spolaore ^' * Z^)H^on Sc/!00/ o/Bcono^tc^, LoM^on, U^ ECARB. !/t!;ue^M Litr^ ...
A Ronald, P BOLTON, LEEM BUTCHER… - Journal of the American …, 2006 - Elsevier
OBJECTIVE: This study investigated the etiology of autistic-like traits in the general
population and the etiological overlap between the three aspects of the triad of impairments
(social impairments, communication impairments, restricted repetitive behaviors and ...
S Baron-Cohen, P Bolton… - 1993 - getcited.org
An academic directory and search engine.
SBC If, L Burtlf, F Smith-Laittan, J Harrison… - Perception, 1996 - perceptionjournal.com
Abstract. Synaesthesia is a condition in which a mixing of the senses occurs; for example,
sounds trigger the experience of colour. Previous reports suggest this may be familial, but no
systematic studies exist. In addition, there are no reliable prevalence or sex-ratio figures ...
P Aghion, P Bolton… - … Economics (JITE)/Zeitschrift für die gesamte …, 1999 - JSTOR
The paper proposes a framework to analyze the effects of various bank bailout policies on
bank managers' incentives first to lend prudently and second to disclose truthfully their non-
performing loans. It is shown that tough bank closure rules have counterproductive effects ...
W Woodhouse, A Bailey, M Rutter… - Journal of Child …, 1996 - Wiley Online Library
Recent studies have found that an unexpectedly large proportion of autistic children have
large heads. Anthropometric measures of consecutive clinic attenders with pervasive
developmental disorder (PDD), other psychiatric or language disorders were analysed. ...
PF Bolton, M Murphy, H MacDonald… - Journal of the American …, 1997 - Elsevier
P Bolton, G Roland, J Vickers… - Economic Policy, 1992 - JSTOR
This paper assesses policies of mass privatization in Germany, Czechoslovakia, Hungary
and Poland. A central concern stemming from the analysis is that, in view of the fiscal crisis
facing economies in transition, it is crucial for governments to try to maximize the proceeds ...
P Aghion… - Journal of the European Economic …, 2003 - Wiley Online Library
Abstract There is a long normative 'Social Contract'tradition that attempts to characterize ex-
post income inequalities that are agreeable to all 'behind a veil of ignorance.'This paper
takes a similar normative approach to characterize social decision-making procedures. It ...
P Aghion, P Bolton… - European Economic Review, 2000 - Elsevier
This paper develops a model of an unregulated banking system based around a private
clearing house arrangement. Whilst such a system may dominate one with a public safety
net in reducing moral hazard in lending and therefore the scope for individual bank ...
S Baron-Cohen, FJ Scott, C Allison, J Williams… - The British Journal of …, 2009 - RCP
Background Recent reports estimate the prevalence of autism-spectrum conditions in the UK
to be 1%. Aims To use different methods to estimate the prevalence of autism-spectrum
conditions, including previously undiagnosed cases, in Cambridgeshire. Method We ...
P Aghion… - European Economic Review, 1992 - Elsevier
A full analysis of the distribution of income should include both the inequality in income
between different generations of the same family—what is usually called intergenerational
'ocial'mobility—and the inequality in income between different families in the same ...
P Aghion, P Bolton… - Review of Finance, 2004 - rof.oxfordjournals.org
Abstract This paper provides a first study of the optimal design of active monitors' exit options
in a problem involving a demand for liquidity and costly monitoring of the issuer. Optimal
incentives to monitor the issuer may involve restricting the monitor's right to sell her claims ...
S Baron-Cohen, P Bolton, S Wheelwright, L Short… - Autism, 1998 - Citeseer
Abstract The study reported here tests a prediction that autism should occur more often in
families of individuals whose occupation requires advanced folk physics but with no
requirement of good folk psychology. Physics, engineering, and mathematics are ...
P Bolton… - Review of Financial Studies, 2006 - Soc Financial Studies
Abstract We analyze the transmission effects of monetary policy in a general equilibrium
model of the financial sector, with bank lending and securities markets. Bank lending is
constrained by capital adequacy requirements, and asymmetric information adds a cost to ...
P Bolton… - International Review of Psychiatry, 1990 - informahealthcare.com
Autism represents a prototypical form of pervasive developmental disorder. In the majority of
narrowly defined cases, there is no clearly identifiable aetiology. In this paper, the evidence
for genetic influences that stems from twin, family, cytogenetic and molecular genetic ...
M Rutter, P Bolton, R Harrington… - Journal of Child …, 1990 - Wiley Online Library
Until recently, most child psychiatrists, clinicians and researchers 2ilike, paid scant attention
to genetic factors. The majority, of course, accepted both the reality of genetic influences and
the likelihood that they played some part in the psychiatric disorders that they treated. ...
P Bolton,
X Freixas… - Journal of Financial Economics, 2007 - Elsevier
In some markets sellers have better information than buyers over which products best serve
a buyer's needs. Depending on the market structure, this may lead to conflicts of interest in
the provision of information by sellers. This paper studies this issue in the market for ...
The spectacular failure of top-rated structured finance products has brought renewed
attention to the conflicts of interest of Credit Rating Agencies (CRAs). We model both the
CRA conflict of understating credit risk to attract more business, and the issuer conflict of ...
JE Harrison… - Journal of Child Psychology and …, 1997 - Wiley Online Library
Skip to Main Content. ...
E Simonoff, P Bolton… - Journal of Child Psychology …, 1996 - Wiley Online Library
The most important genetic advances in the field of mental retardation include the discovery
of the novel genetic mechanism responsible for the Fragile X syndrome, and the imprinting
involved in the Prader-Willi and Angelman syndromes, hut there have also been ...
KM Milner, EE Craig, RJ Thompson… - Journal of Child …, 2005 - Wiley Online Library
... 3 Developmental Psychiatry Section, University of Cambridge, UK. *Correspondence:
Patrick Bolton, Institute of Psychiatry PO46, De Crespigny Park, Denmark Hill, London
SE4 8AF, UK; Email: p.bolton@iop.kcl.ac.uk. Publication History. ...
P Bolton… - … and Theoretical Economics (JITE)/Zeitschrift für …, 1998 - JSTOR
The paper develops a theory of ownership structure based on the notion that corporate
control and secondary market liquidity are not perfectly compatible with each other. We
analyze the tradeoff between these two objectives for two different ownership structures: ...
JI Alcántara, EJL Weisblatt… - Journal of Child …, 2004 - Wiley Online Library
Skip to Main Content. ...
SJ Grice, H Halit, T Farroni, S Baron-Cohen… - …, 2005 - autismresearchcentre.com
ABSTRACT Various reports have demonstrated difficulties in eye-gaze processing in older
children and adults with autism. However, little is known about the neural or developmental
origin of such difficulties. In the present study, we used high-density Event-Related ...
P Bolton… - Journal of Political Economy, 2002 - JSTOR
This paper develops a dynamic general equilibrium model of an agricultural economy in
which poor farmers borrow from rich farmers. Because output is stochastic (we allow for
idiosyncratic and aggregate shocks), there may be default ex post. We compare equilibria ...
P Bolton… - Emory LJ, 2004 - HeinOnline
For at least two decades now, commentators have suggested that international policymakers
should establish a sovereign bankruptcy regime. 1 The reasoning is quite simple. Given that
financially distressed sovereign debtors face many of the same problems that justify ...
P Bolton… - The American Economic Review, 1996 - JSTOR
Will there be political integration in Europe? This question has been at the forefront of
postwar European history. The breakup of Yugoslavia, Czechoslovakia, and the Soviet
Union and separatist movements in Belgium, and Italy show, on the contrary, tendencies ...
P Bolton - European Economic Review, 1990 - gsb.columbia.edu
Besides sunk costs and reputation, long-term contracts are an important form of commitment.
In fact, in the imaginary world of Arrow-Debreu there is no room for other forms of
commitment than the fully contingent longterm contract. At the risk of oversimplification, ...
P Bolton - 2003 - books.google.com
This paper provides an overview of key elements of Corporate Bankruptcy Codes and
Practice around the world that are relevant to the debate on Sovereign Debt Restructuring. It
highlights four components common to most bankruptcy reorganization institutions: a stay ...
We argue that the root cause behind the recent corporate scandals associated with CEO pay
is the technology bubble of the latter half of the 1990s. Far from rejecting the optimal
incentive contracting theory of executive compensation, the recent evidence on executive ...
P Bolton, H Chen… - 2009 - nber.org
This paper proposes a simple homogeneous dynamic model of investment and corporate
risk management for a financially constrained firm. Following Froot, Scharfstein, and Stein
(1993), we define a corporation's risk management as the coordination of investment and ...
P Bolton… - The Quarterly Journal of Economics, 1988 - qje.oxfordjournals.org
Abstract We consider the case of a manufacturer who sells a homogeneous good to retailers
who compete in prices and “cum-sales” or “post-sales” services. We show that the optimal
linear-price contract is inefficient from the point of view of the vertical structure and that ...
P Aghion… - LSE FINANCIAL MARKETS GROUP …, 1993 - nuff.ox.ac.uk
Abstract This paper considers a model of growth and income distribution in the presence of
imperfect capital markets. Moral hazard on the part of borrowers is the source of both capital
market imperfections and the emergence of persistent income inequalities. This model ...
P Bolton… - Review of Economic Studies, 2009 - Wiley Online Library
We show how the willingness-to-pay problem and lack of exclusivity in sovereign lending
may result in an equilibrium sovereign debt structure that is excessively difficult to
restructure. A bankruptcy regime for sovereigns can alleviate this inefficiency but only if it ...
P Aghion, P Bolton - 1988 - dspace.mit.edu
Abstract In contrast to Modigliani and Miller, who distinguishbetween debt and equity
contracts only in terms of the return-streams of the two types of assets, we emphasize the
differences between debt and equity in terms of the rights of control the two assets give ...
P Bolton… - Journal of Institutional and Theoretical Economics …, 1991 - JSTOR
Antitrust law has long been concerned with the potential anticompetitive effects of vertical
mergers. The foreclosure doctrine states that the main purpose of an acquisition of an
upstream or downstream firm is to weaken the extent of competition in either market by ...
P Bolton - Economics of Transition, 1995 - Wiley Online Library
Chinese enterprise reforms have not involved major privatizations. Instead, greater and
greater autonomy has been given to state-owned firms.'The growth of township and village
enterprises has been encouraged and prices have only gradually been liberalized. The ...
E Bradley… - The British Journal of Psychiatry, 2006 - RCP
Aims To investigate the prevalence of episodic psychiatric disorders in a sample of
teenagers with learning disabilities with and without autism. Method Teenagers with
learning disabilities living in one geographical area were identified. Those with autism ...
PF Bolton - Mental retardation and developmental disabilities …, 2004 - Wiley Online Library
Page 1. NEUROEPILEPTIC CORRELATES OF AUTISTIC SYMPTOMATOLOGY
IN TUBEROUS SCLEROSIS Patrick F. Bolton* Department of Child Psychiatry and
Centre for Social, Genetic and Developmental Psychiatry, The ...
P Aghion… - European Economic Review, 1989 - gsb.columbia.edu
Much of the theory of corporate finance is concerned with the question of what determines
the financial structure of the firm. Beyond explanations based on risk-sharing and taxation,
one of the most influential recent theories on this proposes that the main function of the ...
P Bolton… - Review of Financial Studies, 2011 - Soc Financial Studies
Abstract The empty creditor problem arises when a debtholder has obtained insurance
against default but otherwise retains control rights in and outside bankruptcy. We analyze
this problem from an ex ante and ex post perspective in a formal model of debt with limited ...
P Bolton, JF Brodley… - Geo. LJ, 2000 - HeinOnline
In their recent essay,'Kenneth G. Elzinga and David E. Mills provide a spirited critique of our
proposed strategic approach to predatory pricing enforcement. 2 While we will take
exception to key elements of their analysis, it is noteworthy that the authors accept the ...
P Bolton, T Santos… - The Quarterly Journal of …, 2011 - qje.oxfordjournals.org
Abstract We propose an origination-and-contingent-distribution model of banking, in which
liquidity demand by short-term investors (banks) can be met with cash reserves (inside
liquidity) or sales of assets (outside liquidity) to long-term investors (hedge funds and ...
P de Vries, A Humphrey, D McCartney… - European child & …, 2005 - Springer
Tuberous Sclerosis (TSC) is a genetic disorder characterised by abnormal growths in a wide
range of organs. In the brain, abnormalities of differentiation, proliferation and migration can
produce a range of neuropsychiatric features such as mental retardation, autism and ...
PJ de Vries, A Hunt… - European child & adolescent psychiatry, 2007 - Springer
Page 1. Introduction Tuberous Sclerosis Complex (TSC) is a genetic disorder
characterised by hamartomatous growths in many or- gans including the heart, kidney,
skin and brain and has a birth incidence of 1:6,000 [24]. It is ...
T Swanson, P Bolton… - Economic Policy, 1993 - JSTOR
One important issue at the'Earth Summit'in Rio de Janeiro was the preservation of diverse
biological resources, or'biodiversity'. To date the regulation of endangered species has been
based on the premise that overexploitation is the principal problem. This diagnosis has ...
P Bolton, H Mehran… - 2010 - papers.ssrn.com
Abstract: This paper studies the connection between risk taking and executive compensation
in financial institutions. A theoretical model of shareholders, debtholders, depositors, and an
executive suggests that 1) in principle, excessive risk taking (in the form of risk shifting) ...
P Bolton, C Harris… - 1993 - opengrey.eu
Fr | En. OpenGrey. Open System for Information on Grey literature in Europe. Home; Search;
Subjects; Partners; Export. Help. Search. XML. To cite or link to this reference:
http://hdl.handle.net/10068/475938. Title : Strategic experimentation. ...
P Bolton,
X Freixas… - The Journal of Finance, 2012 - Wiley Online Library
The collapse of AAA-rated structured finance products in 2007 to 2008 has brought renewed
attention to conflicts of interest in credit rating agencies (CRAs). We model competition
among CRAs with three sources of conflicts:(1) CRAs conflict of understating risk to attract ...
P Bolton… - Review of economic studies, 2010 - Wiley Online Library
We propose a model of equilibrium contracting between two agents who are “boundedly
rational” in the sense that they face time costs of deliberating current and future transactions.
We show that equilibrium contracts may be incomplete and assign control rights: they may ...
P Bolton… - Journal of Political Economy, 2007 - JSTOR
In an environment characterized by weak contractual enforcement, sovereign lenders can
enhance the likelihood of repayment by making their claims more difficult to restructure ex
post. We show, however, that competition for repayment between lenders may result in a ...
P Bolton - International Journal of Social Psychiatry, 1984 - isp.sagepub.com
Abstract The case-notes of all the 92 patients compulsorily detained under the Mental Health
Act from 1st October 1982-31st December 1983 were examined retrospectively to deter
mine the reasons for transfer to a high Security Unit. Young adult male schizophrenics ...
P Bolton… - DISCUSSION PAPER-LONDON SCHOOL OF …, 2001 - papers.ssrn.com
Abstract: This paper centres around the question of ownership of firms and managerial
competition and how these affect manager and employees' incentives to invest in human
capital. We argue that employee's incentives in human capital investment are affected by ...
M Elsabbagh, A Volein, K Holmboe… - Journal of Child …, 2009 - Wiley Online Library
Background: Recent studies of infant siblings of children diagnosed with autism have
allowed for a prospective approach to examine the emergence of symptoms and revealed
behavioral differences in the broader autism phenotype within the early years. In the ...
P Bolton, T Santos… - 2008 - nber.org
Abstract We consider a model of liquidity demand arising from maturity mismatch on one
side of the market. This demand can be met with either the cash held by those with the
liquidity need, what we refer to as inside liquidity, or alternatively via asset sales. In this ...
P Bolton… - Chi. J. Int'l L., 2005 - HeinOnline
Abstract This paper is concerned with the issue of how to balance bailouts (or" lendmg into
arrears") with debt reductions (or" private sector involvement") in the resolution of sovereign
debt crises. It provides a review of recent proposals for improving the sovereign debt ...
A Raznahan, NP Higgins… - PSYCHOLOGICAL …, 2007 - Cambridge Univ Press
Page 1. Biological markers of intellectual disability in tuberous sclerosis ARMIN
RAZNAHAN1*, NICHOLAS P. HIGGINS2, PAUL D. GRIFFITHS3, AYLA HUMPHREY4,
JOHN RW YATES5 AND PATRICK F. BOLTON1,6 1 Department ...
P Bolton,
X Freixas… - NBER Working Paper, 2008 - econ.upf.edu
Abstract: The spectacular failure of top (rated structured finance products based on sub
(prime mortgages has brought considerable attention to how Credit Rating Agencies (CRAs)
manage their conflicts of interest. In this paper, we construct a simple model of the credit ...
[CITATION] Entry Prevention through Contracts with Customers
P Aghion… - Mimeographed. Massachusetts Institute of Technology, 1985
What makes a good leader? A good leader is able to coordinate his followers around a
credible mission statement, which communicates the future course of action of the
organization. In practice, leaders learn about the best course of action for the organization ...
CM Stott, MJ Merricks, PF Bolton… - … Journal of Language …, 2002 - informahealthcare.com
Page 1. int. j. lang. comm. dis., 2002, vol. 37, no. 2, 133–151 Screening for Speech and Language
Disorders: the reliability, validity and accuracy of the General Language Screen Dr. Carol M.
Stott, Dr. Melanie J. Merricks, Dr. Patrick F. Bolton; Professor Ian M. Goodyer ...
A Humphrey, J Williams, E Pinto… - European child & …, 2004 - Springer
Page 1. European Child & Adolescent Psychiatry (2004) 13 : 159–165 DOI
10.1007/s00787-004-0383-1 ORIGINAL CONTRIBUTION ECAP 383 Accepted: 25
September 2003 A. Humphrey, Ph. D. (И) Developmental Psychiatry ...
[CITATION] Economics of mass privatization
P Bolton… - 15th Panel Meeting of Economic Policy, Lisbon, …, 1992
P Bolton… - CEPR Financial Markets Paper, 1993 - ideas.repec.org
Within an optimal contracting framework we analyse some important aspects of debt
structure: the number of creditors a company borrows from; the allocation of security
interests among creditors; and inter-creditor covenants that govern renegotiation of debt ...
F McEwen, F Happe, P Bolton, F Rijsdijk… - Child …, 2007 - Wiley Online Library
Imitation, vocabulary, pretend play, and socially insightful behavior were investigated in 5,206
same- and opposite-sex 2-year-old twin pairs in the United Kingdom. Individual differences in
imitative ability were due to modest heritability (30%), while environmental factors shared ...
J Fontanel, R Smith… - Economic Policy, 1991 - JSTOR
The end of the Cold War, the unification of Germany and the removal of US troops has
rekindled interest in European defence cooperation. The EC has common security policies
on its agenda, the military role of the WEU is being enhanced, and the new NATO strategy ...
DF Newbury, L Winchester, L Addis… - The American Journal of …, 2009 - Elsevier
M Becht, P Bolton… - Handbook of law and economics, 2007 - Elsevier
Abstract This chapter surveys the theoretical and empirical research on the main
mechanisms of corporate law and governance, discusses the main legal and regulatory
institutions in different countries, and examines the comparative governance literature. ...
[CITATION] An incomplete contracts approach to corporate bankruptcy
P Aghion… - Review of Economic Studies, 1992
P Bolton… - … and Public Economics–Papers in Honour of …, 2000 - books.google.com
Bolton and Harris (1999) consider a game of strategic experimentation. In this game, each
player divides her time in any given period between a'safe'action and a'risky'action. The
underlying pay-off of the safe action is known. The underlying pay-off of the risky action is ...
[CITATION] Law enforcement, fiscal responsibility and economic development
E Berglof… - 2003 - mimeo, Princeton University
[CITATION] The continuous-time principal-agent problem: Frequent-monitoring contracts
P Bolton… - Unpublished working paper. Princeton University, 2001
P Bolton - Journal of Financial Intermediation, 2002 - econpapers.repec.org
... EconPapers has moved to http://EconPapers.repec.org! Please update your bookmarks. Banking
in Emerging Markets. Patrick Bolton. Journal of Financial Intermediation, 2002, vol. 11, issue
4, pages 362-365. Date: 2002 View citations in EconPapers Track citations by RSS feed ...
P Bolton… - 1992 - gsb.columbia.edu
ABSTRACT. This paper addresses the economics of mass privatization in Germany,
Czechoslovakia, Hungary and Poland; it provides a summary description of the privatization
plans in these four countries, assesses the extent of privatization to date and it proposes ...
P Bolton… - Review of economic studies, 2009 - Wiley Online Library
We propose a model of costly decision making based on time-costs of deliberating current
and future decisions. We model an individual decision-maker's thinking process as a
thought-experiment that takes time, and lets the decision maker 'think ahead'about future ...
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