?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=Credit+Rationing+and+Internal+Ratings+in+the+Face+of+Innovation+and+Uncertainty&rft.creator=Fioretti%2C+Guido&rft.subject=Social+simulation&rft.description=Some+empirical+investigations+are+pointing+to+the+fact+that+high-tech+firms+are+subject+to+credit+rationing+to+a+higher+extent+than+the+avereage.+This+excess+of+credit+rationing+may+not+be+due+top+information+asymmetries%2C+but+rather+to+the+inability+of+credit+institutions+to+screen+projects+in+novel+fields.+This+article+provides+a+model+of+this+phenomenon+and+explores+its+implications+in+the+light+of+recent+changes+in+the+screening+procedures+of+major+banks.+In+particular%2C+the+changes+to+be+made+in+order+to+comply+with+the+%22Basel+II%22+accord+emphasise+the+impact+of+screening+procedures+on+credit+rationing.&rft.date=2005-05&rft.type=Other&rft.type=NonPeerReviewed&rft.format=application%2Fpdf&rft.identifier=http%3A%2F%2Fcogprints.org%2F4342%2F1%2FcreditRationing.pdf&rft.identifier=++Fioretti%2C+Guido++(2005)+Credit+Rationing+and+Internal+Ratings+in+the+Face+of+Innovation+and+Uncertainty.+++++(Unpublished)++&rft.relation=http%3A%2F%2Fcogprints.org%2F4342%2F