Intermediation, Diversification, and Confidentiality (notice n° 545257)

détails MARC
000 -LEADER
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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