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In economies where resources are uncertain, risk sharing mechanisms enable to reallocate goods for consumption in a more efficient way than resources are. Nevertheless, efficiency requires complete markets. Since the seminal paper of Townsend (1994) who rejected the hypothesis of complete...
Persistent link: https://www.econbiz.de/10005876547
The SCOR-IDEI chair aims to support the theoretical and applied research on risk sharing mechanisms with the willingness to combine methodologies from financial economics, industrial organization and econometrics. The first conference will bring together academics and practitioners to exchange...
Persistent link: https://www.econbiz.de/10005876546
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