Abstract
Economists have typically conducted their analyses of credit rationing in a manner which abstracts from the operations of the banking firm. This failure severely limits the understanding of the bank in its various roles. The present chapter outlines a theory of credit rationing which explicitly considers the informational aspects of the banking firm’s operations.3 Table 1 presents a summary listing of the variables to be used throughout the analysis.
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© 1986 Springer-Verlag Berlin Heidelberg
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Devinney, T.M. (1986). A Theory of Credit Rationing. In: Rationing in a Theory of the Banking Firm. Studies in Contemporary Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-82649-8_3
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DOI: https://doi.org/10.1007/978-3-642-82649-8_3
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-16052-6
Online ISBN: 978-3-642-82649-8
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