A model of a competitive credit market in the conditions of imperfect information

被引:0
|
作者
Janda, K [1 ]
机构
[1] Univ Iowa, Dept Econ, Iowa City, IA 52242 USA
关键词
credit; Bertrand competition; transitive economy;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
An information asymmetry in a credit market with a Bertrand competition among lenders leads to different inefficiencies depending on a type of the market. We analyse these inefficiencies in a stabilized market economy and in a transitive economy.
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页码:551 / 566
页数:16
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