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Imperfect Information, Uncertainty, and Credit Rationing

Dwight M. Jaffee, Thomas Russell

The Quarterly Journal of Economics · 1976 · Volume 90 · Issue 4

DOI: 10.2307/1885327

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.

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