Showing 11 - 20 of 330
Persistent link: https://www.econbiz.de/10003783614
Persistent link: https://www.econbiz.de/10002718112
This paper presents a theoretical model of lending which emphasizes the role of asymmetric information and total debt service obligations between creditors and debtors. The analytical approach is based upon that of Stiglitz and Weiss (1981); however, emphasis here is placed upon collateral...
Persistent link: https://www.econbiz.de/10008472232
difference in stochastic costs of location across regions. A comparative static analysis shows that capital allocation depends … to the expected utility approach. The impact of changes in distribution parameters, such as the expected costs of … location, the variance of costs of location and the correlation between locational costs, can be fully characterized via the …
Persistent link: https://www.econbiz.de/10010308305
Persistent link: https://www.econbiz.de/10000549624
Persistent link: https://www.econbiz.de/10000507898
Persistent link: https://www.econbiz.de/10000147524
Persistent link: https://www.econbiz.de/10000412459
Persistent link: https://www.econbiz.de/10000417137
Persistent link: https://www.econbiz.de/10000417138