Rebecca Lewis

Yale University - Law School

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Scholarly Papers (1)

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The CCP Recovery Game: The Default Auction as a Stag Hunt

Tulane Public Law Research Paper No. 18-9
Number of pages: 49 Posted: 08 Aug 2018 Last Revised: 19 Oct 2020
Nadav Orian Peer and Rebecca Lewis
University of Colorado Law School and Yale University - Law School
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Abstract:

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Financial crisis, Central counterparty clearing, CCP recovery and resolution, Game theory, Stag hunt, Default auction, Matched book, Tear-up, Variation margin gains haircutting (VMGH), Clearing mandate