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A bargaining model of financial intermediation

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  • Bester, Helmut

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  • Bester, Helmut, 1995. "A bargaining model of financial intermediation," European Economic Review, Elsevier, vol. 39(2), pages 211-228, February.
    • Handle: RePEc:eee:eecrev:v:39:y:1995:i:2:p:211-228
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    References listed on IDEAS

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    1. Gehrig, Thomas, 1993. "Intermediation in Search Markets," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 2(1), pages 97-120, Spring.
    2. Helmut Bester, 1988. "Bargaining, Search Costs and Equilibrium Price Distributions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 55(2), pages 201-214.
    3. Ariel Rubinstein & Asher Wolinsky, 1987. "Middlemen," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 581-593.
    4. Douglas W. Diamond, 1984. "Financial Intermediation and Delegated Monitoring," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(3), pages 393-414.
    5. Stahl, Dale O, II, 1988. "Bertrand Competition for Inputs and Walrasian Outcomes," American Economic Review, American Economic Association, vol. 78(1), pages 189-201, March.
    6. Yanelle, Marie-Odile, 1989. "The strategic analysis of intermediation," European Economic Review, Elsevier, vol. 33(2-3), pages 294-301, March.
    7. Ken Binmore & Avner Shared & John Sutton, 1989. "An Outside Option Experiment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 104(4), pages 753-770.
    8. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
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    Cited by:

    1. Erkki Koskela & Rune Stenbacka, 2004. "Agency Cost of Debt and Credit Market Imperfections: A Bargaining Approach," Bulletin of Economic Research, Wiley Blackwell, vol. 56(4), pages 365-377, October.
    2. Erkki Koskela & Rune Stenbacka, 2004. "Profit Sharing, Credit Market Imperfections and Equilibrium Unemployment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(4), pages 677-701, December.
    3. Amegashie, J. Atsu & Kutsoati, Edward, 2007. "(Non)intervention in intra-state conflicts," European Journal of Political Economy, Elsevier, vol. 23(3), pages 754-767, September.
    4. Bester, Helmut & Sakovics, Jozsef, 2001. "Delegated bargaining and renegotiation," Journal of Economic Behavior & Organization, Elsevier, vol. 45(4), pages 459-473, August.
    5. Erkki Koskela & Rune Stenbacka, 2002. "Equilibrium Unemployment and Credit Market Imperfections: The Critical Role of Labour Mobility," CESifo Working Paper Series 654, CESifo.
    6. Scheepens, J.P.J.F., 1994. "Financial intermediations, bank failure and official assistance," Discussion Paper 1994-97, Tilburg University, Center for Economic Research.
    7. Chae, Suchan & Song, Jaehee, 2017. "Price competition between random and assortive matchmakers," Mathematical Social Sciences, Elsevier, vol. 90(C), pages 63-72.
    8. Adriani, Fabrizio & Deidda, Luca & Sonderegger, Silvia, 2009. "The Role of Financial Intermediaries in Securities Issues: A Theoretical Analysis," MPRA Paper 16112, University Library of Munich, Germany.
    9. Dorothea Schäfer, 2001. "Outside Collateral, Preserving The Value Of Inside Collateral And Sorting," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 53(4), pages 321-350, October.
    10. Scheepens, J.P.J.F., 1994. "Financial intermediations, bank failure and official assistance," Other publications TiSEM 3519e91e-2830-489e-befa-6, Tilburg University, School of Economics and Management.

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    More about this item

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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