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Microeconomics of Banking, second edition

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Microeconomics of Banking, second editionBy: Xavier Freixas, Jean Charles Rochet The second edition of an essential text on the microeconomic foundations of banking surveys the latest research in banking theory, with new material that covers recent developments in the field. Over the last thirty years, a new paradigm in banking theory has overturned economists' traditional vision of the banking sector. The asymmetric information model, extremely powerful in many areas of economic theory, has

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