๐”– Bobbio Scriptorium
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The contagion effect of default risk insurer downgrades: The impact on insured municipal bonds

โœ Scribed by Chris Brune; Pu Liu


Book ID
116636285
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
557 KB
Volume
63
Category
Article
ISSN
0148-6195

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โœ Jason F. Shogren ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer ๐ŸŒ English โš– 901 KB

We develop four experimental markets to examine how individuals respond to risk: self-protection and selfinsurance in both private and collective auctions. First, we find evidence that the mechanism used to reduce risk is important. Results indicate that the upper and lower bounds on value were elic