Tracked shipping to New Zealand with premium packaging for just NZ$15 

Ship to
New Zealand
0

My Account

  • argentina
  • chile
  • colombia
  • españa
  • méxico
  • perú
  • estados unidos
  • internacional

menu

Select your country

Americas

Europe

Rest of the world

portada Competition in Credit Markets: A Theoretic Analysis (Beiträge zur Betriebswirtschaftlichen Forschung, 94)
Type
Physical Book
Publisher
Author
Language
English
Pages
117
Format
Paperback
ISBN13
9783824490486
Edition No.
2001st

Competition in Credit Markets: A Theoretic Analysis (Beiträge zur Betriebswirtschaftlichen Forschung, 94)

Michael Tröge (Author) · Deutscher Universitätsverlag · Paperback

Competition in Credit Markets: A Theoretic Analysis (Beiträge zur Betriebswirtschaftlichen Forschung, 94) - Michael Tröge

Cheaper New Book Imported to New Zealand
Delivery: 01 Dec - 11 Dec Shipping: 14 to 18 business days.
NZ$ 127.51
Faster New Book Imported to New Zealand
Delivery: 18 Nov - 25 Nov Shipping: 5 to 6 business days.
NZ$ 212.17
Import costs and 15% GST included in the price ✅
NZ$ 127.51

Choose the list to add your product or create one New List

Go to My Wishlists
Calculate shipping cost

Synopsis "Competition in Credit Markets: A Theoretic Analysis (Beiträge zur Betriebswirtschaftlichen Forschung, 94)"

Competition in credit markets is different from competition in simple product markets. The allocation of capital is not only determined by its price, but banks actively decide to whom they will provide finance. In addition, the provision of credit is not a spot transaction, but extends over a certain period of time. Banks need to acquire information in order to efficiently screen borrowers before providing credit and to monitor them during the credit relationship to make sure that the credit will be paid back. Michael Tröge develops game-theoretic and auction-theoretic models for the strategic interaction of banks in the credit market. He shows that in narrow oligopolies only one bank will carry out detailed creditworthyness tests for a firm and that in very competitive markets information about a borrower s quality can reduce a bank s profit. The author also points out that equity ownership of a bank increases the expected interest rates for a firm and that a bank s concern for a good reputation may lead to credit rationing.

Customers reviews

More customer reviews
  • 0% (0)
  • 0% (0)
  • 0% (0)
  • 0% (0)
  • 0% (0)

Frequently Asked Questions about the Book

Is the book original?

All books in our catalog are Original.

In what language is the book written?

The book is written in English.

What is the format of this book?

The binding of this edition is Paperback.

Questions and Answers about the Book

Do you have a question about the book? Login to be able to add your own question.

Opinions about Bookdelivery

More customer reviews