Optimal Design of Securities under Asymmetric Information

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Optimization by Vector Space Methods

1970 • 6,346 citations

Stochastic Processes

1982 • 3,976 citations

Signaling Games and Stable Equilibria

1987 • 3,289 citations

The Capital Structure Puzzle

1984 • 2,824 citations

Sequential Equilibria

1982 • 1,612 citations

Limited liability and incentive contracting with ex-ante action choices

1990 • 965 citations

Equilibrium Selection in Signaling Games

1987 • 940 citations

Perfect Bayesian equilibrium and sequential equilibrium

1991 • 627 citations

Efficient Financing under Asymmetric Information

1987 • 441 citations

Strategic stability and uniqueness in signaling games

1990 • 361 citations

Optimal Security Design

1988 • 310 citations

Capital Structure and Signaling Game Equilibria

1988 • 212 citations

The design of securities

1989 • 183 citations

Bandit Processes

1983 • 130 citations

Uniform conditional stochastic order

1980 • 113 citations

Efficient Financing Under Asymmetric Information

1987 • 94 citations

Uniform conditional stochastic order

1980 • 76 citations

Design and Marketing of Financial Products

1991 • 48 citations

Operating efficiency and output insensitive employment contracts for capital management

1995 • 9 citations

Deleted Work

1955 • 0 citations