Optimal liquidation of financial derivatives
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DOI: 10.1016/j.frl.2019.07.006
Abstract: Abstract We propose a two-period robust optimization model for portfolio liquidation under a cash requirement that finds the least costly liquidation strategy. The basic asset return is assumed to belong to a scaled ellipsoid while… read more here.
Keywords: return; finance; financial derivatives; liquidation financial ... See more keywords
Optimal capital structure and bankruptcy choice: Dynamic bargaining versus liquidation
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2018.05.012
Abstract: We model a firm’s optimal capital structure decision in a framework in which it may later choose to enter either Chapter 11 reorganization or Chapter 7 liquidation. Creditors anticipate equityholders’ ex-post reorganization incentives and price… read more here.
Keywords: reorganization; optimal capital; dynamic bargaining; capital structure ... See more keywords
On Increasing Scalability and Liquidation of Lightning Networks for Blockchains
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DOI: 10.1109/tnse.2022.3166707
Abstract: The lightning network (LN) is a layer-two solution in Bitcoin for support scalability. LN uses offchain micropayment channels to scale the blockchain's capability to perform instant transactions without a global block confirmation process. However, micropayment… read more here.
Keywords: lightning networks; scalability; liquidation; scalability liquidation ... See more keywords