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Showing 1 to 2 of 2 for “"Rationing problem"”.
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Economc Analysis of Privatization
… plays in a financial market with a credit rationing problem. Two kinds of borrowers co-exist in the economy, namely the public and the private. Public borrowers enjoy a "first mover" advantage to borrow money from banks. In this situation, the credit rationing is found escalating. But since …