David S Bizer
Dados Biográficos
| ID | 5867548 |
|---|---|
| NOME | David S Bizer |
| PRENOMES | David S |
| SOBRENOME | Bizer |
| ASSINATURA | BIZER D S |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 1 |
| TOTAL DE CITAÇÕES | 11 |
| TOTAL COMO AUTOR | 1 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1992 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 1992 |
| ÍNDICE H | 1 |
Sequential Banking
The authors study environments in which agents may borrow sequentially from more than one leader. Although debt is prioritized, additional lending imposes an externality on prior debt because, with moral hazard, the probability of repayment of prior loans decreases. Equilibrium interest rates are higher than they would be if borrowers could commit to borrow from at most one bank. Even though the loan terms are less favorable than they would be un…
Sequential Banking
The authors study environments in which agents may borrow sequentially from more than one leader. Although debt is prioritized, additional lending imposes an externality on prior debt because, with moral hazard, the probability of repayment of prior loans decreases. Equilibrium interest rates are higher than they would be if borrowers could commit to borrow from at most one bank. Even though the loan terms are less favorable than they would be un…
Sequential Banking
The authors study environments in which agents may borrow sequentially from more than one leader. Although debt is prioritized, additional lending imposes an externality on prior debt because, with moral hazard, the probability of repayment of prior loans decreases. Equilibrium interest rates are higher than they would be if borrowers could commit to borrow from at most one bank. Even though the loan terms are less favorable than they would be un…
Actuarial science (1 obras) · Banking stability, regulation, efficiency (1 obras) · Business (1 obras) · Commit (1 obras) · Credit risk (1 obras) · Debt (1 obras) · Economic theories and models (1 obras) · Economics (1 obras) · Externality (1 obras) · Finance (1 obras)