Holding out on restructuring negotiations: A legal analysis over Finnish and Swedish legislation
Abstract This article examines how Finnish and Swedish restructuring laws create opportunities for creditors to hold out on restructuring negotiations. Using Anthony Casey's new bargaining theory and the traditional creditors' bargain model as analytical frames, the study argues that holdouts arise when ex ante rights – particularly security interests,
Anssi Kärki
wiley +1 more source
Tracing neurodevelopment and growth pattern in six-year-old children with idiopathic clubfoot: a national cohort study. [PDF]
Cho ST +8 more
europepmc +1 more source
ABSTRACT This study investigates how the personal characteristics of finance ministers influence political budget cycles in Africa. Using a new dataset covering 300 finance ministers across 23 countries from 1980 to 2020, we find that political budget cycles primarily take the form of increased government consumption during election years.
Christine Olivia Strong
wiley +1 more source
Sewage intrusion into drinking water distribution systems: implications for water resource management. [PDF]
Mohammed JN, Swalaha FM.
europepmc +1 more source
Evolutionary turnover of key amino acids explains conservation of function without conservation of sequence in transcriptional activation domains. [PDF]
LeBlanc CJ +13 more
europepmc +1 more source
Evaluation of Projection Images for Visual Quality Control of Automated Left and Right Lung Segmentations on T1-Weighted MRI in Large-Scale Clinical Cohort Studies. [PDF]
Norajitra T +10 more
europepmc +1 more source
Moving north: Warmer waters expand populations of deep-water cartilaginous fishes into Arctic waters. [PDF]
Jac R +6 more
europepmc +1 more source
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Interchange fee regulation and service investments
International Journal of Industrial Organization, 2019Abstract This paper analyzes the impact of interchange fee regulation on the investment incentives of a payment card platform in the presence of full merchant internalization. We distinguish between investment in consumer and retailer services. We find that the optimally regulated interchange fee can be above the privately optimal one to induce the ...
Markus Reisinger, Hans Zenger
openaire +3 more sources
Perfect surcharging and the tourist test interchange fee [PDF]
Abstract Two widely discussed pricing benchmarks in the literature on payment card markets are the “tourist test” interchange fee ( Rochet and Tirole, forthcoming ), which internalizes usage externalities in payment card markets, and “perfect surcharging” by merchants ( Rochet and Tirole, 2002 ).
Hans Zenger
openaire +3 more sources

