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Debt Sustainability and Intertemporal Budget Constraints: Development Traps in Belt and Road Financing

BRI loans test intertemporal budget constraints, risking debt traps when growth and tradable returns fall short....
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Oligopoly
Definitions

Oligopoly

Saddique Ansari • January 29, 2020 • 1 min read

Author bio

Oligopoly – definition

An oligopoly is a firm in a given market with a few competitors. A market is oligopolistic if it is dominated by a few firms.


  • Application of game theory to oligopoly


  • Read the full analysis of oligopoly



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Credit Rationing and Information Asymmetry: The Economics Behind Online Micro-Loans

Credit rationing and asymmetric info explain why high-risk micro-loans exist and carry high rates....
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