Credit Rationing and Government Loan Programs: A Welfare Analysis

Credit Rationing in Markets with Imperfect Information.

1981 • 12,689 citations

Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information

1976 • 4,707 citations

An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory

1977 • 1,904 citations

Screening vs. Rationing in Credit Markets with Imperfect Information

1985 • 1,475 citations

Collateral and Rationing: Sorting Equilibria in Monopolistic and Competitive Credit Markets

1987 • 979 citations

Costly Monitoring, Loan Contracts, and Equilibrium Credit Rationing

1987 • 572 citations

Asymmetric Valuations and the Role of Collateral in Loan Agreements

1985 • 490 citations

The 1982 economic report of the president

1982 • 255 citations

On Allocative Distortions in Problems of Self-Selection

1984 • 151 citations

Collateral in Credit Rationing in Markets with Imperfect Information: Note

1983 • 124 citations

Adverse Selection in a Model of Real Estate Lending

1988 • 1 citations