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A Remark on "A Shortcut Way of Pricing Default Risk Through Zero-Utility Principle" |
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| Authors: | Jingyuan Li |
| Institution: | Jingyuan Li is at the Management School, Huazhong University of Science and Technology, Wuhan 430074, China. |
| Abstract: | This remark studies Tibiletti's bargaining condition and shows that, for risk neutral buyers or the default loss are small relative to the buyer's size, there exists a more shortcut bargaining condition. |
| Keywords: | |