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uninformed bank needs an additional screening device. VC fulfils that role. …
Persistent link: https://www.econbiz.de/10013269292
are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …
Persistent link: https://www.econbiz.de/10010427497
are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …
Persistent link: https://www.econbiz.de/10003951390
are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …
Persistent link: https://www.econbiz.de/10010365861
Persistent link: https://www.econbiz.de/10011507725
Persistent link: https://www.econbiz.de/10011411191
Persistent link: https://www.econbiz.de/10010462912
are interdependent. We study the effect of bank competition on the choice of contracts (screening versus collateralized …
Persistent link: https://www.econbiz.de/10010343924
Persistent link: https://www.econbiz.de/10012888395
Persistent link: https://www.econbiz.de/10012659659