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Debt Financing with Limited Liability and Quantity Competition

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Authors
Dastidar, Krishnendu Ghosh
Issue Date
1999
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 12 (No. 3 1999): 295-306
Keywords
Brander and Lewislimited liability
Abstract
In this paper we extend some results of Brander and Lewis (1986). In particular, we show that their main theorem, as it is stated, is not true. We provide the correct and extended version of that result and also discuss how this approach can be used to probe into some well known Industrial Organisation results.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1162
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.12(3) (Fall 1999)
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