The Role of Leasing under Adverse Selection

By Igal Hendel, Alessandro Lizzeri. Journal of Political Economy, 2002

176 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research, Safety Research

View Paper: https://www.semanticscholar.org/paper/5180eb273832808274b8d89bea4320edeb9f2324

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Citations in the corpus

A More Complete Conceptual Framework for Financing of Small and Medium Enterprises (2005, background): “…of product sold “off-lease” (i.e., sold by lessors when the purchase option is not exercised) or in the new product market (Chemmanur and Yan 2000, Hendel and Lizzeri 2002, Gilligan 2004).8 G. Relationship Lending Under relationship lending, the financial institution relies primarily on soft…”
Effects of Consumer‐to‐Consumer Product Sharing on Distribution Channel (2018, methodology): “Our research also contributes to the rent-or-buy and leasing literature (e.g., Agrawal et al. 2012, Desai 1999, Desai and Purohit 1998, Hendel and Lizzeri 2002, Johnson and Waldman 2003), which studies a ﬁrm’s optimal selling or leasing strategy.”
Mechanism Design with Interdependent Valuations: Efficiency (2004, background): “2 The generalized Groves mechanism has some flavor in common with the dynamic model in Hendel and Lizzeri (2002) .”
Peer-to-Peer Rental Markets in the Sharing Economy (2015, unknown): “…of secondary markets for durable goods ((Rust 1985), (Anderson and Ginsburg 1994), (Hendel and Lizzeri 1999a), (Hendel and Lizzeri 1999b), (Hideo and Sandfort 2002), (Stolyarov 2002), (Hendel and Lizzeri 2002), (House and Leahy 2004) , (Hendel, Lizzeri and Siniscalchi 2005), (Johnson 2011)).”
Leasing and Secondary Markets: Theory and Evidence from Commercial Aircraft (2011, unknown): “In this strand of the literature, Waldman (1997) and Hendel and Lizzeri (1999b, 2002) analyze manufacturers’ incentives to lease and show that leasing may allow manufacturers to gain market power in the used market.”
Credit Constraints in the Market for Consumer Durables: Evidence from Micro Data on Car Loans (2008, unknown): “However, Hendel and Lizzeri (2002) develop a theoretical model of leasing under adverse selection, in which leasing is shown to be preferred by higher income households.”
A more complete conceptual framework for SME finance (2006, background): “the new product market (Chemmanur and Yan 2000, Hendel and Lizzeri 2002, Gilligan 2004).8”