Politická ekonomie 2002, 50(4) | DOI: 10.18267/j.polek.375

Model konkurenčního úvěrového trhu v podmínkách nedokonalých informací

Karel Janda

A model of a competitive credit market in the conditions of imperfect information

An information asymmetry in a credit market with a Bertrand competition among lenders leads to different inefficiencies depending on a type of the market. We analyse these inefficiencies in a stabilized market economy and in a transitive economy.

Keywords: credit, Bertrand competition, transitive economy

Published: August 1, 2002  Show citation

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Janda, K. (2002). A model of a competitive credit market in the conditions of imperfect information. Politická ekonomie50(4), . doi: 10.18267/j.polek.375
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