• Group lending with endogenous group size 

      Bourjade, Sylvain; Schindele, Ibolya (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 ...