Academic Paper Proposes Arctic Auctions For Debt Restructuring
A new academic paper proposes using Arctic auctions with convex costs for efficiently restructuring sovereign debt. The study focuses on computing competitive equilibria within the Arctic product-mix auction framework. This model was originally developed for the Icelandic government.
Topics
Developing
- 889d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
- 889d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
- 889d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
- 889d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.
Sources · 7 independent
Modernity/arxiv
“Efficiently Restructuring Sovereign Debt via Arctic Auctions with Convex Costs. Authors: Jugal Garg, Edwin Lock, Vijay V. Vazirani Abstract: We study the problem of computing competitive equilibria in the Arctic product-mix auction, originally developed for the Icelandic governm...”
Unlock the full story
Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.
Log in to upgrade