When Insurers Go Bust: An Economic Analysis of the Role and Design of Prudential Regulation

When Insurers Go Bust: An Economic Analysis of the Role and Design of Prudential Regulation

by Jean-CharlesRochet (Author), HyunSongShin (Foreword), Guillaume Plantin (Author)

Synopsis

Applying developments in corporate finance theory and the economic theory of organizations, this work describes in practical terms how such authorities could be created and given the incentives to behave exactly like bankers behave toward borrowers, as "tough" claimholders.

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More Information

Format: Hardcover
Pages: 112
Edition: illustrated edition
Publisher: Princeton University Press
Published: 29 Jan 2007

ISBN 10: 0691129355
ISBN 13: 9780691129358