Credit Rationing in Markets with Imperfect Information

Stiglitz et al. (Thu,) studied this question.

www.synapsesocial.com/papers/6a09b55be5a55b25c0513a7a — DOI: https://doi.org/10.7916/d8v12ft1

Also consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

1. Risk Sharing and Incentives in the Principal and Agent Relationship· 1979 · 1,300 citations
2. Increasing risk: I. A definition· 1970 · 3,910 citations
3. Wages as Sorting Mechanisms in Competitive Markets with Asymmetric Information: A Theory of Testing· 1980 · 70 citations
4. Incentives and Risk Sharing in Sharecropping· 1974 · 1,429 citations
5. Why Bankers Ration Credit· 1965 · 183 citations