Advanced Search
MyIDEAS: Login to save this article or follow this journal

A Theory of Credit Bureaus

Contents:

Author Info

  • Laband, David N
  • Maloney, Michael T

Abstract

When both the buyer and seller have the potential to exercise opportunistic behavior, some balancing of these malincentives must be found. Seller financing has the potential to work as a quality assurance device because the lien holder is clearly at risk when mortgaged property fails. The buyer is at risk in the amount of the down payment and installments if the property is abused. Credit bureaus act as arbitrators. The authors' model accurately predicts the shifting in contract terms to account for relative opportunism and the incidence of this contract based on changes in the relative costs and benefits. Copyright 1994 by Kluwer Academic Publishers

Download Info

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 80 (1994)
Issue (Month): 3-4 (September)
Pages: 275-91

as in new window
Handle: RePEc:kap:pubcho:v:80:y:1994:i:3-4:p:275-91

Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100332

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Shaun M. Tanger & Richard Alan Seals Jr. & David N. Laband, 2011. "Does Bill Co-sponsorship Affect Campaign Contributions?: Evidence from the U.S. House of Representatives, 2000-2008," Auburn Economics Working Paper Series auwp2011-09, Department of Economics, Auburn University.
  2. Tirtiroglu, Dogan & Laband, David N., 2004. "The quality assurance role of seller financing: evidence from second mortgages," Journal of Housing Economics, Elsevier, vol. 13(3), pages 208-225, September.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:80:y:1994:i:3-4:p:275-91. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.