Microfinance Games

Microfinance Games

Microfinance has been heralded as an effective way to address imperfections in credit markets. But from a theoretical perspective, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often employed are vulnerable to free-riding and collusion, althou...

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Bibliographic Details
Main Authors: Giné, Xavier, Jakiela, Pamela, Karlan, Dean, Morduch, Jonathan
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ADVERSE SELECTION
AGENTS
BANKS
COMMERCIAL BANKS
CREDIT MARKETS
DEFAULT RISK
ECONOMICS
EXTERNALITIES
GAMES
INDUCEMENT
INSURANCE
INVENTORY
INVESTMENT CHOICES
JOINT LIABILITY
MICROFINANCE
MORAL HAZARD
PERFECT INFORMATION
PREPARATION
PROGRAMS
RATES
RECIPROCITY
RISK AVERSION
RISK OF DEFAULT
RISK TAKING
SAVINGS
SAVINGS ACCOUNTS
SIMULATIONS
SOCIAL COSTS
SOCIAL NETWORK
SOCIAL NETWORKS
TABLES
Online Access:http://documents.worldbank.org/curated/en/2006/07/6952807/microfinance-games
http://hdl.handle.net/10986/8368

Internet

http://documents.worldbank.org/curated/en/2006/07/6952807/microfinance-games
http://hdl.handle.net/10986/8368

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