CV Lattes
Universidade de São Paulo (USP). Faculdade de Economia, Administração e Contabilidade (FEA) (Institutional affiliation from the last research proposal) Birthplace: Brazil
Rafael de Vasconcelos Xavier Ferreira in research grants and scholarships supported by FAPESP.
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Optimal bankruptcy design deals with the following trilemma: deciding correctly when to liquidate firms, making that decision quickly without gathering creditor´s information, or minimizing bankruptcy costs (Kordana and Posner, 1999). Stated otherwise, one must choose between a good, a fast or a cheap bankruptcy procedure. Choosing side in this trilemma was especially difficult due to ins…
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