Examining the Microfoundations of Market Incentives for Asset-Backed Lending
综述了四篇论文，研究市场力量（而非监管）如何驱动资产支持贷款市场，发现信息成本在特定条件下会为非监管激励下的资产支持贷款提供效率优势。
A review of four papers that model market-based (as opposed to regulatory-based) forces driving the asset-backed lending market, revealing that under certain conditions, the information costs that make financial markets important as conduits of credit can also create nonregulatory incentives for asset-backed lending as an efficient funding mode.