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Credit Rationing in Markets with Imperfect Information

Joseph E. Stiglitz, Andrew Weiss

American Economic Review · 1981 · 12.9K citations · 8 references

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Abstract

Stiglitz and Weiss explain credit rationing in markets with imperfect information.

References

8

Increasing risk: I. A definition

Michael Rothschild, Joseph E. Stiglitz · Journal of Economic Theory · 1970 · 3.9K citations

, , +8

Incentives and Risk Sharing in Sharecropping

Joseph E. Stiglitz · The Review of Economic Studies · 1974 · 1.4K citations

, , +14

Risk Sharing and Incentives in the Principal and Agent Relationship

Steven Shavell · The Bell Journal of Economics · 1979 · 1.3K citations

, , +17

Increases in risk and in risk aversion

Peter Dia­mond, Joseph E. Stiglitz · Journal of Economic Theory · 1974 · 563 citations · Full text

, , +12

The Nature of Equilibrium in Markets with Adverse Selection

Charles Wilson · The Bell Journal of Economics · 1980 · 284 citations

, , +9