Corrigendum to “Debt, collateral, and renegotiation under moral hazard” [Economics Letters 40 (1992) 470]

Corrigendum to “Debt, collateral, and renegotiation under moral hazard” [Economics Letters 40 (1992) 470]

economics ~t~rs ELSEVIER Economics Letters 52 (1996) 117 Corrigendum to "Debt, collateral, and renegotiation under moral hazard" [Economics Letters ...

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economics ~t~rs ELSEVIER

Economics Letters 52 (1996) 117

Corrigendum to "Debt, collateral, and renegotiation under moral hazard" [Economics Letters 40 (1992) 470] Kit Pong Wong The University of British Columbia, Vancouver, B.C., Canada

An error has been discovered in Proposition 3 in the above paper. The proposition is hereby retracted.

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