Discharge of residual debt: Do private and institutional lenders differ?

Conference object, Preprint English OPEN
Kirchkamp, Oliver; Prömpers, Henning;
(2013)
  • Publisher: ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburg
  • Subject: D86 | D14 | C92
    • jel: jel:D86 | jel:D14 | jel:C92
      ddc: ddc:330

With the help of lab experiments we study the impact of discharging insolvent debtors of their residual debt. We investigate the impact of different participation rules and the impact of different types of lenders. We find that higher participation rates encourage risk ... View more
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