Abstract
In trade credit, supplier allows retailer delay payment with some interest rate, which has become another financing resource just as bank lending. For retailers have private information, supplier and bank should provide different contracts to retailers with respect to their type. We analysis the trade credit and bank lending contract under the condition that the supplier and the bank can observe imprecise signal of the retailers’ type, and give the contracts which the supplier and bank should provide respectively.
This work is partially supported by the Foundation of Shanghai Maritime University #20100109 and Shanghai Association of Higher Funds #ZCGJ137-09.
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Ma, Z., He, J. (2011). Trade Credit and Bank Lending under Asymmetric Information. In: Wu, Y. (eds) Computing and Intelligent Systems. ICCIC 2011. Communications in Computer and Information Science, vol 233. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24010-2_14
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DOI: https://doi.org/10.1007/978-3-642-24010-2_14
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-24009-6
Online ISBN: 978-3-642-24010-2
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