文章基本信息

标题：BORROWING BEHAVIOR OF THE PROPRIETARY FIRM: DO SOME RISK-AVERSE EXPECTED UTILITY MAXIMIZERS PLUNGE?
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作者：Collins, Robert A. ; Gbur, Edward E.
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：1991
页码：251-258
出版社：Journal of Agribusiness
摘要：When a proprietor's liability is limited, borrowing behavior for an expected utility maximizer may vary widely. Proprietors with little to lose may rationally choose very large debt levels while others may choose to finance with 100% equity. This article presents a theory to explain these widely observed variations in behavior.