数学物理学报(英文版) ›› 2005, Vol. 25 ›› Issue (2): 243-247.

• 论文 • 上一篇    下一篇

OPTIONS-GAME ANALYSIS FOR FIRM WITH INSURED DEBT

梅正阳,李楚霖   

  1. Department of Mathematics, Huazhong University of Science and Technology,
  • 出版日期:2005-04-20 发布日期:2005-04-20
  • 基金资助:

    Financial support from the National Natural Science Foundation of China (70271069).

OPTIONS-GAME ANALYSIS FOR FIRM WITH INSURED DEBT

 MEI Zheng-Yang, LI Chu-Lin   

  • Online:2005-04-20 Published:2005-04-20
  • Supported by:

    Financial support from the National Natural Science Foundation of China (70271069).

摘要:

The strategic model for insured bond of firm is a new model which is developed
based on options pricing model and game theory. When firm’s bond was insured against
bankruptcy, some interesting results about endogenous bankruptcy and optimal capital
structure are obtained.

Abstract:

The strategic model for insured bond of firm is a new model which is developed
based on options pricing model and game theory. When firm’s bond was insured against
bankruptcy, some interesting results about endogenous bankruptcy and optimal capital
structure are obtained.

Key words: Insured bond, endogenous bankruptcy;optimal capital structure

中图分类号: 

  • 34A05