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Optimal Interventions in Markets with Adverse Selection
16 references·11 citing·40 second hop
Optimal Interventions in Markets with Adverse Selection (2010)Optimal Interventions in Markets with Adv…Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts (2012)Collective Moral Hazard, Matu…The Theory of Corporate Finance (2006)The Theory of Corporate Finan…Liquidity Shortages and Banking Crises (2002)Liquidity Shortages and Banki…A Liquidity-based Model of Security Design (1999)A Liquidity-based Model of Se…Optimal Design of Securities under Asymmetric Information (1994)Optimal Design of Securities …The Principal-Agent Relationship with an Informed Principal, II: Common Values (1992)The Principal-Agent Relations…The Origins of Banking Panics: Models, Facts, and Bank Regulation (1991)The Origins of Banking Panics…Limited liability and incentive contracting with ex-ante action choices (1990)Limited liability and incenti…Asymmetric Information and Financial Crises: A Historical Perspective (1990)Asymmetric Information and Fi…Efficient Financing under Asymmetric Information (1987)Efficient Financing under Asy…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Mechanism Design by an Informed Principal (1983)Mechanism Design by an Inform…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…History of crises under the national banking system (1968)History of crises under the n…Security design: A review (2024)Security design: A reviewDeposit Franchise Runs (2023)Deposit Franchise RunsFinancial Restructuring and Resolution of Banks (2018)Financial Restructuring and R…Asset Purchase Bailouts and Endogenous Implicit Guarantees (2017)Asset Purchase Bailouts and E…Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops (2016)Deadly Embrace: Sovereign and…Runs versus Lemons: Information Disclosure and Fiscal Capacity (2015)Runs versus Lemons: Informati…Honoring Sovereign Debt or Bailing Out Domestic Residents: A Theory of Internal Costs of Default (2014)Honoring Sovereign Debt or Ba…A Network View on Interbank Market Freezes (2014)A Network View on Interbank M…Three Branches of Theories of Financial Crises (2013)Three Branches of Theories of…Non-Exclusive Competition Under Adverse Selection (2011)Non-Exclusive Competition Und…Managing Markets for Toxic Assets (2010)Managing Markets for Toxic As…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Manias, Panics, and Crashes: A History of Financial Crises (1979)Financial Intermediation and Delegated Monitoring (1984)Banking Systems Around the Globe: Do Regulation and Ownership Affect Performance and Stability? 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this work references cited by second hop

References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 2006The Theory of Corporate Finance1,293 cited
  • 2012Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts1,121 cited
  • 1990Limited liability and incentive contracting with ex-ante action choices925 cited
  • 2002Liquidity Shortages and Banking Crises877 cited
  • 1999A Liquidity-based Model of Security Design739 cited
  • 1991The Origins of Banking Panics: Models, Facts, and Bank Regulation589 cited
  • 1992The Principal-Agent Relationship with an Informed Principal, II: Common Values485 cited
  • 1983Mechanism Design by an Informed Principal434 cited
  • 1987Efficient Financing under Asymmetric Information431 cited
  • 1990Asymmetric Information and Financial Crises: A Historical Perspective426 cited
  • 1994Optimal Design of Securities under Asymmetric Information366 cited

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  • 1968History of crises under the national banking system329 cited
  • Cited by

    • 2015Runs versus Lemons: Information Disclosure and Fiscal Capacity71 cited
    • 2023Deposit Franchise Runs64 cited
    • 2014A Network View on Interbank Market Freezes53 cited
    • 2016Deadly Embrace: Sovereign and Financial Balance Sheets Doom Loops52 cited
    • 2013Three Branches of Theories of Financial Crises51 cited
    • 2014Honoring Sovereign Debt or Bailing Out Domestic Residents: A Theory of Internal Costs of Default48 cited
    • 2011Non-Exclusive Competition Under Adverse Selection46 cited
    • 2017Asset Purchase Bailouts and Endogenous Implicit Guarantees34 cited
    • 2018Financial Restructuring and Resolution of Banks31 cited
    • 2010Managing Markets for Toxic Assets26 cited
    • 2024Security design: A review21 cited