How important are endogenous peer effects in group lending?: Estimating a static game of incomplete information

We quantify the importance of endogenous peer effects in group lending programs by estimating a static game of incomplete information. Endogenous peer effects describe how one's behavior is affected by the behavior of her peers. Using a rich dataset from a group lending program in India, our empiric...

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Bibliographic Details
Main Authors: Li, Shanjun, Liu, Yanyan, Deininger, Klaus
Format: Journal Article
Language:Inglés
Published: Wiley 2013
Subjects:
Online Access:https://hdl.handle.net/10568/152740

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