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Stiglitz and Weiss explain credit rationing in markets with imperfect information.
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Stiglitz et al. (Thu,) studied this question.
www.synapsesocial.com/papers/6a09b55be5a55b25c0513a7a — DOI: https://doi.org/10.7916/d8v12ft1
Joseph E. Stiglitz
Andrew Weiss
American Economic Review
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