| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5061 |
| DP5061 SMEs and Bank Lending Relationships: The Impact of Mergers | |
| Janet Mitchell; Hans Degryse; Nancy Masschelein | |
| 发表日期 | 2005-05-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We model networks of relational (or implicit) contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model relations are the links, and the value of the network lies in its ability to enforce cooperative agreements that could not be sustained if agents had no access to other network members? sanctioning power and information. We identify conditions for network stability and in-network information transmission as well as conditions under which stable sub-networks inhibit more valuable larger networks. The model provides formal definitions for individual and communities? ?social capital? in the spirit of Coleman and Putnam. |
| 主题 | Industrial Organization |
| 关键词 | Networks Relational contracts Implicit contracts Industrial districts Indirect multimarket contact Cooperation Collusion Social capital Social relations Embeddedness |
| URL | https://cepr.org/publications/dp5061 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533958 |
| 推荐引用方式 GB/T 7714 | Janet Mitchell,Hans Degryse,Nancy Masschelein. DP5061 SMEs and Bank Lending Relationships: The Impact of Mergers. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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