This paper combines a sequential bargaining game between an enterprise and a fixed number of banks with a signaling game through which the enterprise reveals her project quality as well as her market-speed on the lending ...
The Laffont–Tirole regulator observes the accounting costs of a firm but
she can neither observe its true cost-type nor its chosen effort level. This paper
considers a Laffont–Tirole regulator who could employ an expert ...
