Optimal Ratings and Market Outcomes
收藏NBER2019-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26221
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资源简介：
This paper considers the design of an optimal rating system, in a market with adverse selection. We address two critical questions about rating design: First, given a number of categories, what are the criteria for setting the boundaries between them? Second, what are the gains from increasing the
提供机构：
美国国家经济研究局
创建时间：
2019-09-01
