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Publications of David Webb

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Discussion Papers

Asymmetric Information Risk Aversion and Capital Market Efficiency

The Arrow-Lind Theorem is generally interpreted as implying that risk-averse investors will reject some projects that the public sector is justified...

November 1988
DP 44
David Webb
David de Meza

Discussion Papers

Imperfect Annuities Markets with Asymmetric Information: Who Leaves Unplanned Bequests?

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August 1988
DP 50
David Webb

Discussion Papers

Does the 1986 Insolvency Act Satisfy The Creditors' Bargain?

The creditors' bargain view of insolvency law argues that solvency state rights should be preserved in insolvency states. It argues that insolvency...

February 1988
DP 27
David Webb

Special Papers

The Reorganisation of the London Stock Market: The Causes and Consequences of Big-Bang

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January 1988
SP 20
David Webb
Ian Tonks

Discussion Papers

Credit Market Efficiency and Tax Policy in the Presence of Screening Costs

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October 1987
DP 25
David de Meza
David Webb

Discussion Papers

Two Period Financial Contracts

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September 1987
DP 24
David Webb

Discussion Papers

Imperfect Capital Markets Need not be Inefficient

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February 1987
DP 7
David Webb
David de Meza

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Biased Promotions

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