2020 | OriginalPaper | Chapter
Structure: The structure of credit contract theory
Author : Christian Prem
Published in: The Theory of Credit Contracts
Publisher: Springer Fachmedien Wiesbaden
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This chapter and the rest of part I are devoted to an in depth analysis of the structure of lending theory. A description of the basic structure of credit contracts has been given in chapter 1 already (see service, uncertainty phase and return service on p. 3). We now focus on gaining a clear conceptual understanding of the various aspects and details of lending theory.