This collection brings together a wide range of seminal contributions to the economic literature on bankruptcy. Its value-added is the structure which the editor has imposed, which organises them in a clear and coherent way. Alongside the excellent introduction, this yields a comprehensive roadmap of the field. It will be a valuable resource for a wide range of researchers, from those wanting a thorough grounding in the literature to those simply wanting a pellucid sketch of its contours.?– John Armour, University of Oxford, UK??This timely book surveys seminal contributions to the economics of bankruptcy. It offers a comprehensive compilation of work by both legal scholars and economists working in the fields of corporate and consumer finance. An original introduction, written by the editor, provides a commentary on the featured papers and also points to questions that merit further study. This collection is an indispensable source of reference for anyone interested in the economics of bankruptcy.
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