Credit Rationing in Markets with Imperfect Information
American Economic ReviewPublished 1 January 1981Open access
Joseph E. Stiglitz, Andrew Weiss
Citations12,858
Generate an AI Snapshot to get a quick, structured summary of this paper.
Study Snapshot
ObjectiveStudy objective
MethodsResearch methodology
PopulationPopulation studied
Sample sizeSample sizes
OutcomesStudy outcomes here
ResultsStudy results comes here
LimitationsResearch study limitations comes here
A concise AI-generated summary of the paper will appear here once you click Generate AI Snapshot.
Abstract
Stiglitz and Weiss explain credit rationing in markets with imperfect information.
Keywords
Economics, Econometrics and Finance
Journal of Economic TheoryIncreasing risk: I. A definition
3,918 Citations1970Michael Rothschild, Joseph E. Stiglitz
The Review of Economic StudiesIncentives and Risk Sharing in Sharecropping
1,424 Citations1974Joseph E. Stiglitz
The Bell Journal of EconomicsRisk Sharing and Incentives in the Principal and Agent Relationship
1,292 Citations1979Steven Shavell
Journal of Economic TheoryIncreases in risk and in risk aversion
563 Citations1974Peter Diamond, Joseph E. Stiglitz
Adverse Selection in the Labor Market
460 Citations2018Bruce Greenwald
Equilibrium Credit Rationing
295 Citations2017William R. Keeton
The Bell Journal of EconomicsThe Nature of Equilibrium in Markets with Adverse Selection
283 Citations1980Charles Wilson
The Quarterly Journal of EconomicsWhy Bankers Ration Credit
183 Citations1965Marshall Freimer, Myron J. Gordon
The Review of Economic StudiesWages as Sorting Mechanisms in Competitive Markets with Asymmetric Information: A Theory of Testing
70 Citations1980J. Luis Guasch, Andrew Weiss