Fintech Borrowers: Lax-Screening or Cream-Skimming?
نویسندگان
چکیده
منابع مشابه
Cream Skimming, Dregs Skimming, and Pooling: On the Dynamics of Competitive Screening∗
We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric information. We solve the model numerically. We pay particular attention to the reasons for non-existence in cases where no pooling equilibrium exists. In addition to the phenomenon of cream skimming emphasized in earlier literature, we here point to the the importance of the opposite:...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2020
ISSN: 1556-5068
DOI: 10.2139/ssrn.3224957