| The Credit-Risk Decision Mechanism on Fixed Loan Interest Rate with Imperfect Information |
| |
| 摘 要： |
|
The Credit-Risk Decision Mechanism on Fixed Loan Interest Rate with Imperfect Information |
| |
| Authors: | Pang Sulin Liu Yongqing Wang Yanming Yao Hongzhu |
| |
| Abstract: | In this paper, decision mechanism of credit-risk for banks is studied when the loan interest rate is fixed with asymmetry information in credit market. We give out the designs of rationing and non-rationing on credit risky decision mechanism when collateral value provided by an entrepreneur is not less than the minimum demands of the bank. It shows that under the action of the mechanism, banks could efficiently identify the risk size of the project. Finally, the condition of the project investigation of bank is given over again. |
| |
| Keywords: | Credit risk Decision mechanism Information asymmetry Credit rationing Incentive compatibility |
| 本文献已被 万方数据 等数据库收录！ |
