%0 Journal Article
%T Sele£¿£¿o adversa no cr¨¦dito a particulares em Portugal: Papel dos £¿bureaus£¿ de cr¨¦dito privados
%A Pereira
%A V¨ªtor Morais
%J Revista Portuguesa e Brasileira de Gest£¿o
%D 2011
%I Instituto para o Desenvolvimento da Gest?o Empresarial
%X this paper examines the phenomenon of adverse selection in the portuguese credit market and the main factors that characterize it. for that, were developed a real simulation, an opinion survey and a comparative analysis between the two credit bureaus present in the portuguese market. results confirm that sharing of information is reduced and there are difficulties in obtaining credit, in the case of individuals. additionally, the paper underlines the potential benefit on the reduction either on default as well as loss of profitable business, which can be provided by using better the private credit bureau operating in portugal.
%K information asymmetry
%K adverse selection
%K credit bureaus
%K credit markets.
%U http://www.scielo.gpeari.mctes.pt/scielo.php?script=sci_abstract&pid=S1645-44642011000200003&lng=en&nrm=iso&tlng=en