The voting arrangements used by creditors during debt restructuring are prespecified, often by statute. For example, U.S. law stipulates the use of a unanimous vote outside bankruptcy, but a supermajority vote in Chapter 11 bankrupcty. We analyze the effect of voting rules on the welfare of debtors and their creditors in restructuring negotiations. When creditors are close to rational and marke...

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critical thinking is necessary to read the scientific literature. however, in addition to questions about the science, often one must also question the meaning of the text. this article provides an example of the analyses needed to understand a single sentence. in so doing, it raises several interesting issues of meaning, measurement, statistical analyses, and the form in which results are pres...

Abstract As borders kill under the premises of saving lives and distributing order, border regimes emerge in everyday life as sites uncertainty, fragility, doubt. The paper explores spaces uncertainty that pervade at borderlands Europe with a particular focus on island Lampedusa (Italy), it deploys doubt an analytical tool to produce reflexive turn studies. From autoethnographic perspective, ca...