Credit Rationing in a Basic Agent-Based Model

A simple agent-based model of business units lending money to one another is sufficient to understand on what conditions avalanches of bankruptcies may arise. The model highlights the consequences of specialisation into money lending as well as the impact of preferential lending relations.

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Year of publication:	2005-05-03
Authors:	Fioretti, Guido
Institutions:	EconWPA
Subject:	Financial Fragility \| Avalanches of Bankruptcies \| Agent-Based Models

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Extent:	application/pdf
Series:	Finance.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 15 15 pages
Classification:	G - Financial Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005134745