Publications by Author: Oliver Hart

1997
LaPorta, Rafael, Florencio Lopez-de-Silanes, Oliver Hart, and John Moore. 1997. “A New Bankruptcy Procedure That Uses Multiple Auctions”.Abstract

We developed a new bankruptcy procedure that makes use of multiple auctions. The procedure is designed to work even when capital markets do not function well (for example in developing economies, or in economies in transition)–although it can be used in all economies.