Broll, Udo; Eckwert, Bernhard; Eickhoff, Andreas - 2011
The paper revisits the impact of uncertainty on the decision problem of a bank. The bank extends risky loans to private … is endogenized through an information system that conveys public signals about the return distribution of bank loans … raises expected bank profits, but may lead to a higher or lower expected loan volume. Moreover, higher transparency may …