@techreport{e93f66d6c57e4def9870c47e1fded089,
title = "Dundee Discussion Papers in Economics 111: Do debtor-favored contracts necessarily benefit the debtor?",
abstract = "We consider a case of security design, where the optimal contract depends on the nature of the future renegotiations game. It is shown that giving the bargaining power to the debtor in the renegotiations game may not always work in his interest.",
keywords = "Debt, Renegotiations, Bargaining power",
author = "Ajit Mishra",
year = "2000",
language = "English",
series = "Dundee Discussion Papers in Economics",
publisher = "University of Dundee",
number = "111",
type = "WorkingPaper",
institution = "University of Dundee",
}