Optimal Group Size in Joint Liability Contracts

DOI10.1287/DECA.2017.0349MaRDI QIDQ4692038zbMATH OpenOpenAlexFDO

Authors Bahar Rezaei, Sriram Dasu, Reza Ahmadi

Publication date 24 October 2018

Published in Decision Analysis (Search for Journal in Brave)

Full work available at URL https://semanticscholar.org/paper/e2b947df2f284270f6c6f5e336ae95f96957f1dd

zbMATH Keywords

joint liabilitymicrocreditstrategic default

Mathematics Subject Classification ID

Credit risk (91G40)

Recommendations

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Cites work

• Contract structure, risk-sharing, and investment choice
• Group lending with correlated project outcomes
• Group lending with endogenous group size
• Selection into and across credit contracts: theory and field research
• The economic returns to social interaction: experimental evidence from microfinance

Cited in

(9)

• Joint liability among bank borrowers
• Optimal group size in microlending
• Selection into and across credit contracts: theory and field research
• Contract structure, risk-sharing, and investment choice
• Asymmetric group loans, non-assortative matching and adverse selection
• Group lending, matching patterns, and the mystery of microcredit: evidence from Thailand
• The role of completely joint liability in financing multiple capital-constrained firms: risk sharing, inventory and financial strategies
• Group lending as a mechanism for self-insuring default risk
• Group survival probability under contagion in microlending

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