Transaction Costs, Suboptimal Termination and Default Probabilities
作者： James B. Kau , Donald C. Keenan , Taewon Kim
关键词: Actuarial science 、 Rationality 、 Market value 、 Economics 、 Transaction cost 、 Literature study 、 Value (economics) 、 Economics and Econometrics 、 Accounting 、 Finance
摘要: … of default probabilities occurring in the empirical literature. … but rather the probability of default (Kau, Keenan and Kim 1994). … housing economists, such probability calculations are of …
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