Browsing by Subject "adverse selection"

Now showing items 1-2 of 2

    • Hidden Talents: Partnerships with Pareto-Improving Private Information 
      Daughety, Andrew F.; Reinganum, Jennifer F. (Vanderbilt University, 2006)
      Can the presence of private information in a transaction yield a Pareto-improvement over complete information? In this paper we show that the combination of multi-agent simultaneous signaling of private information, and ...
    • Information Asymmetries in Consumer Credit Markets 
      Skiba, Paige Marta; Dobbie, Will (American Economic Journal: Applied Economics, 2013)
      This paper tests for incentive and selection effects in a subprime consumer credit market. We estimate the incentive effect of loan size on default using sharp discontinuities in loan eligibility rules. This allows us to ...