Credit market imperfections and the separation of ownership from control

DOI10.1006/JETH.1997.2368zbMATH Open0895.90014OpenAlexW2055638966MaRDI QIDQ1382005FDOQ1382005

Authors: Daron Acemoglu 

Publication date: 1 April 1998

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeth.1997.2368

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zbMATH Keywords

adverse selectionmoral hazardcredit marketslow powered incentives

Mathematics Subject Classification ID

Cites Work

• A model of insurance markets with incomplete information
• Wealth effects, distribution, and the theory of organization
• Signaling Games and Stable Equilibria
• The Principal-Agent Relationship with an Informed Principal, II: Common Values
• Informational Equilibrium
• Equilibria in monopolistically competitive insurance markets

Cited In (2)

• Costly information, entry, and credit access
• Credit Markets with Ethical Banks and Motivated Borrowers

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