Intermediation, Diversification, and Confidentiality (notice n° 545257)
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fixed length control field | 00896cam a2200157 4500500 |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20250121113644.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Breton, Régis |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Intermediation, Diversification, and Confidentiality |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2005.<br/> |
500 ## - GENERAL NOTE | |
General note | 48 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This paper analyses a stylised (two period) credit market where investors care about the appropriability of the information they produce when they engage in costly ex ante evaluation of borrowers quality. Diversified intermediation naturally arises as a dissimulation mechanism allowing investors to extract informational rent in the second period, thereby mitigating the underlying appropriability problem. |
786 0# - DATA SOURCE ENTRY | |
Note | Revue économique | 56 | 3 | 2005-05-01 | p. 765-775 | 0035-2764 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2005-3-page-765?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-economique-2005-3-page-765?lang=en&redirect-ssocas=7080</a> |
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