
Dynamic Adverse Selection: A Theory of Illiquidity, Fire Sales, and Flight to Quality
Author(s) -
Veronica Guerrieri,
Robert Shimer
Publication year - 2012
Language(s) - English
Resource type - Reports
DOI - 10.3386/w17876
Subject(s) - adverse selection , quality (philosophy) , selection (genetic algorithm) , business , economics , financial economics , computer science , actuarial science , physics , artificial intelligence , quantum mechanics