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symmetric relation

Overview page. Subjects: Computing.

A binary relation ∼ on a set S is symmetric if, for all a and b in S, whenever ab then ba.

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Lending Relationships and Information Rents: Do Banks Exploit Their Information Advantages?

Carola Schenone.

in The Review of Financial Studies

March 2010; p ublished online October 2009 .

Journal Article. Subjects: Information, Knowledge, and Uncertainy; Banking; Investment Banking; Corporate Governance. 21298 words.

In the process of lending to a firm, a bank acquires proprietary firm-specific information that is unavailable to nonlenders. This asymmetric evolution of information between lenders and...

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