The law and economics of secured lending
"How can it be that people and businesses are ever unable to obtain credit? Why do lenders not simply increase the interest rate for high-risk borrowers? And if increased interest rates can’t solve the problem, then surely the use of collateral can? As it turns out, things are not that simple....
| Other Authors: | |
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| Format: | Book |
| Language: | Inglés |
| Published: |
Cambridge :
Intersentia
[2021]
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| Series: | Property law series ;
XII |
| Subjects: | |
| See on Universidad de Navarra: | https://unika.unav.edu/discovery/fulldisplay?docid=alma991004571069708016&context=L&vid=34UNAV_INST:VU1&search_scope=34UNAV_TODO&tab=34UNAV_TODO&lang=es |
Table of Contents:
- Part I. Introduction. Chapter I. Basic economic problem and search for a legal solution. Chapter II. Methodology. Part II. Economic framework. Chapter I. Secured lending theory: preliminary questions on the efficiency of security interests. Chapter II. Credit rationing. Chapter III. Why is credit rationing a problem? Chapter IV. Beneficial effects of security interests on credit rationing. Chapter V. Costs of security interests. Chapter VI. Normative implications – a functional design of the optimal security interest system. Part III. Legal framework. Chapter I. Location in research methodology. Chapter II. General principles of bankruptcy. Chapter III. Mortgages. Chapter IV. Movables. Part IV. Conclusion
