Broll, Udo; Eckwert, Bernhard; Eickhoff, Andreas - In: Economic Modelling 29 (2012) 5, pp. 1618-1622
The paper revisits the impact of uncertainty on the decision problem of a bank. The bank extends risky loans to private investors and sells deposits to savers at fixed rates. The uncertainty under which deposit/loan-portfolios are chosen by banks is endogenized through an information system that...