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Imperfect Information, Uncertainty, and Credit Rationing

Dwight M. Jaffee and Thomas Russell

The Quarterly Journal of Economics, 1976, vol. 90, issue 4, 651-666

Abstract: I. Introduction, 651.—II. The model of borrowing behavior, 652.—III. Lender and market behavior under competitive conditions, 658.—IV. Market solutions under monopoly, 663.—V. Conclusion, 664.—VI. Appendix, 665.

Date: 1976
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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