Content: Introduction of Adverse Selection Problems; How Adverse Selection Influences Financial Structure; Solutions - Screening, Signalling, Regulation, Collaterals; Which Stylized Facts are Explained by Adverse Selection?
Content:
Introduction of Adverse Selection Problems; How Adverse Selection Influences Financial Structure; Solutions - Screening, Signalling, Regulation, Collaterals; Which Stylized Facts are Explained by Adverse Selection?
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