The Economics of Bank Bankruptcy Law James J The book is theoretical in

The book is theoretical in the sense that it offers mathematical models of multi-stage decision behavior and solutions to optimization problems

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The Economics of Bank Bankruptcy Law James J The book is theoretical inThis book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset substitution problem and liquidity