Abstract
Lending theory is full of research on repayment games. There are games with individual liability, with joint liability, with joint liability and social sanctions, with joint liability and message games, with partial joint liability and an even greater multitude of repayment games can be imagined where repayment is made cooperatively or non-cooperatively, simultaneously or sequentially, with punishment functions that are symmetric or asymmetric, with two or more borrowers, and so on.
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© 2020 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature
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Prem, C. (2020). An algorithm that can solve repayment games automatically. In: The Theory of Credit Contracts. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-29362-8_9
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DOI: https://doi.org/10.1007/978-3-658-29362-8_9
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Publisher Name: Springer Gabler, Wiesbaden
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Online ISBN: 978-3-658-29362-8
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