Most of the literature attributes credit constraints in small-farm developing-country agriculture to the variability of …-theoretic credit market model with endogenous technology choice. The model demonstrates that lenders may refuse to finance any …

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 … credit market increases the frequency of information sharing between lenders significantly. Competition between lenders …

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 … credit market increases the frequency of information sharing between lenders significantly. Competition between lenders …

, this paper analyzes the impact of lender entry on credit access and aggregate net output. The model shows that lender entry … has the potential to create a segmented market that increases credit access for those firms targeted by the new lenders … but potentially reduces credit access for all other firms. The overall impact on net output depends on the distribution of …

-Weiss (1981) model. This has important consequences for the possible occurrence of credit rationing and redlining. With a single … class of borrowers, banks offer credit in two stages. Demand possibly exceeds supply in stage one, but not in stage two … circumstances which imply that they would not get credit in a perfect capital market either. Die Rendite-Funktion kann im Stiglitz …