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We examine how asymmetric information and competition in the credit market affect voluntary information sharing between lenders. We study an experimental credit market in which information sharing can help lenders to distinguish good borrowers from bad ones, ecause borrowers may exogenously...
Persistent link: https://www.econbiz.de/10005069893
credit registry, as lenders rightly fear that borrowers will default. The introduction of a registry in this environment …
Persistent link: https://www.econbiz.de/10005091275
credit registry, as lenders rightly fear that borrowers will default. The introduction of a registry in this environment …
Persistent link: https://www.econbiz.de/10008925004
We examine how asymmetric information and competition in the credit market affect voluntary information sharing between lenders. We study an experimental credit market in which information sharing can help lenders to distinguish good borrowers from bad ones, ecause borrowers may exogenously...
Persistent link: https://www.econbiz.de/10008925050