Attar, Andrea (contributor); Campioni, Eloisa (contributor); … - 2005
lender-borrower relationships affected by asymmetric information problems, the inefficiencies
arising from multiple …⁄ will always be feasible. When the incentive to undertake a low action is small enough,
the impact of asymmetric information …
under asymmetric information. In such circumstances, a single planner who faces the same in-
formational constraints as the …