search query: @indexterm credit control / total: 62
reference: 9 / 62
| Author: | Dell'Ariccia, G. Friedman, E. Marquez, R. |
| Title: | Adverse selection as a barrier to entry in the banking industry |
| Journal: | RAND Journal of Economics
1999 : AUTUMN, VOL. 30:3, p. 515-534 |
| Index terms: | ADVERSE SELECTION CREDIT CONTROL BANKING |
| Language: | eng |
| Abstract: | The paper analyzes the effects of asymmetric information on the market structure of the banking industry. The paper characterizes the equilibrium under Bertrand competition with two banks and shows that an equilibrium where a third bank enters does not exist. |
SCIMA