Microfinance games / Xavier Gine ...[et al.].
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Item type | Current library | Call number | Status | Notes | Date due | Barcode |
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Bangladesh Public Administration Training Centre Library General Reading Room | 332.2 MIC 2006 (Browse shelf(Opens below)) | Available | Zahid | WB5493 |
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৩৩২.১৯৫৪৯২ বাংব্যা ২০০৭ ব্যাংক ও আর্থিক প্রতিষ্ঠানসমূহের কার্যাবলী ,২০০৬-২০০৭ | ৩৩২.১৯৫৪৯২ বাংব্যা ২০০৭ ব্যাংক ও আর্থিক প্রতিষ্ঠানসমূহের কার্যাবলী ,২০০৬-২০০৭ | ৩৩২.১৯৫৪৯২ বাংব্যা ২০০৯ ব্যাংক ও আর্থিক প্রতিষ্ঠানসমূহের কার্যাবলী ,২০০৮-২০০৯ | 332.2 MIC 2006 Microfinance games / | 332.2 RAD 1986 Demand and marketing aspects of Grameen Bank | 332.2 RAD 1986 Demand and marketing aspects of Grameen Bank | 332.2 RAT 1987 To chase a miracle : |
Title from PDF file as viewed on 8/23/2006.
Includes bibliographical references.
"Microfinance has been heralded as an effective way to address imperfections in credit markets. But from a theoretical perspective, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often employed are vulnerable to free-riding and collusion, although they can also reduce moral hazard and improve selection. The authors created an experimental economics laboratory in a large urban market in Lima, Peru and over seven months conducted 11 different games that allow them to unpack microfinance mechanisms in a systematic way. They find that risk-taking broadly conforms to predicted patterns, but that behavior is safer than optimal. The results help to explain why pioneering microfinance institutions have been moving away from group-based contracts. "--World Bank web site.
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