How do markets for loans use signaling and screening to cope with private information?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:32 AM

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How do markets for loans use signaling and screening to cope with private information?

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Lenders in the loans market want to separate highrisk borrowers fro...View the full answer

Microeconomics

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