Browsing BI Open by Subject "Group lending"
Now showing items 1-1 of 1
-
Group lending with endogenous group size
(Journal article; Peer reviewed, 2012)This paper focuses on the size of the borrower group in group lending. We show that, when social ties in a community enhance borrowers incentives to exert e¤ort, a pro t-maximizing nancier chooses a group of limited size. ...