Tags
Language
Tags
March 2024
Su Mo Tu We Th Fr Sa
25 26 27 28 29 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Microeconomics of Banking by Xavier Freixas [Repost]

Posted By: Free butterfly
Microeconomics of Banking by Xavier Freixas [Repost]

Microeconomics of Banking by Xavier Freixas
The MIT Press | October 17, 1997 | English | ISBN: 0262061937 | 323 pages | DJVU| 2 MB

Twenty years ago, most banking courses focused on either management or monetary aspects of banking, with no connecting. Since then, a microeconomic theory of banking has developed, mainly through a switch of emphasis from the modeling of risk to the modeling of imperfect information. This asymmetric information model is based on the assumption that different economic agents possess different pieces of information on relevant economic variables, and that they will use the information for their own profit.