Data/hora: 03/06/2024 08:48:08

Provedor de dados: | 31
País: | United States
Título: | BORROWING BEHAVIOR OF THE PROPRIETARY FIRM: DO SOME RISK-AVERSE EXPECTED UTILITY MAXIMIZERS PLUNGE?
Autores: | Collins,   Robert A.; Gbur,   Edward E.
Data: | 2003-12-19
Ano: | 1991
Palavras-chave: | Financial Economics.
Resumo: | When a proprietor's liability is limited, borrowing behavior for an expected utility maximizer may vary widely. Proprietors with little to lose may rationally choose very large debt levels while others may choose to finance with 100% equity. This article presents a theory to explain these widely observed variations in behavior.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

11611

http://purl.umn.edu/32606

Editor: | AgEcon Search
Relação: | Western Journal of Agricultural Economics&gt;Volume 16, Number 02, December 1991

Formato:

8

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