'Neither a borrower nor a lender be' when drugs are involved.

نویسنده

Matthew Grissinger

چکیده

Borrowing and lending drugs is a dangerous business.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

A dynamic model of unsecured credit

We study the terms of credit in a competitive market in which sellers (lenders) are willing to repeatedly nance the purchases of buyers (borrowers) by engaging in a credit relationship. The key frictions are: (i) the lender is unable to observe the borrowers ability to repay a loan; (ii) the borrower cannot commit to any long-term contract; (iii) it is costly for the lender to contact a borro...

متن کامل

The Effects of Lender-Borrower Communication on P2P Lending Outcomes

Lenders face great uncertainty because of the information asymmetry problem in peerto-peer (P2P) marketplaces. This paper studies an online feature on a P2P platform, which allows lenders to seek information directly from the borrower of a loan, and examines the impact of the direct lender-borrower communication on the funding outcomes and the loan performance. Our analysis results show that th...

متن کامل

A risk incentive problem for a lender and a borrower when an additional asset is used as security

A typical problem in financial contracting is the so-called risk-shifting incentive problem. In many cases, this problem in financial contracting, which typically arises in the context of a lender-borrower relationship, means the borrower’s incentive to influence the risk of his project. In particular, the shareholders of a levered firm will behave so as to maximize the value of their shares si...

متن کامل

SPEEDITY-A Real Time Commit Protocol

This paper presents Shadow, Piggy bag, Elemental External Dependency Inversion and in Time Yielding (SPEEDITY) commit protocol for distributed real time database systems (DRTDBS). Here, only abort dependent cohort having deadline greater than a specific value (Tshadow_creation_time) needs to forks off a replica of itself called a shadow, whenever it borrows dirty value of a data item. Commit-on...

متن کامل