Asymmetric Valuations and the Role of Collateral in Loan Agreements

Credit Rationing in Markets with Imperfect Information.

1981 • 12,689 citations

Introduction to Probability Models.

1995 • 4,799 citations

INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION

1977 • 4,200 citations

Rules for Ordering Uncertain Prospects

1969 • 1,748 citations

The Loan Market, Collateral, and Rates of Interest

1976 • 290 citations

On Divergence of Opinion and Imperfections in Capital Markets

1983 • 187 citations

THE USE OF COLLATERAL TO ENFORCE DEBT CONTRACTS

1978 • 77 citations

Stochastic dominance and information value

1979 • 6 citations