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Legal loan and usury loan: remarks to a proposed mathematical approach

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Abstract

We consider a boundary value problem which represents a stochastic model recently proposed in [2] to study under which conditions an usurious loan is preferable to a legal one, and we give its analytical solutions.

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References

  1. Kamke E.,Differential gleichungen. Lösungs methoden und Lösungen, I, Akademische Verlagsgesellschaft, Geest & Porting K. G., Leipzig, 1956.

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  2. Masciandaro D., Peccati L., Tagliani A.,Why usury can be cheaper? Atti del XXI Convegno A.M.A.S.E.S., 1997, 453–458.

  3. Tricomi F. G.,Equazioni Ipergeometriche confluenti, Edizioni Cremonesi Roma, 1954.

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Authors and Affiliations

  1. Institute of Mathematics, Hungarian Academy of Sciences, P. O. Box 127, H-1364, Budapest, Hungary

    Árpád Elbert

  2. Dipartimento di Matematica, Università di Roma 3, Largo San Leonardo Murialdo, 1, 00146, Roma, Italy

    Andrea Laforgia

Authors
  1. Árpád Elbert
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  2. Andrea Laforgia
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Elbert, Á., Laforgia, A. Legal loan and usury loan: remarks to a proposed mathematical approach. Rend. Circ. Mat. Palermo 48, 583–590 (1999). https://doi.org/10.1007/BF02844347

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  • DOI: https://doi.org/10.1007/BF02844347

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