Knight’s 'Moral Hazard' Theory of Organization

In this paper I suggest that besides Knight's well recognized "uncertainty" explanation of the firm, he had another one. "Moral hazard" is the central feature in the second, largely overlooked theory. I argue, and attempt to document, that this theory is not a chance excursion but is rather quite well developed by Knight

MoreLess

Year of publication:	2012
Authors:	Barzel, Yoram
Publisher:	[S.l.] : SSRN
Subject:	Wirtschaftswissenschaft \| Economics \| Moral Hazard \| Moral hazard \| Organisationstheorie \| Organization theory \| Prinzipal-Agent-Theorie \| Agency theory
Description of contents:	Abstract [papers.ssrn.com]

Check Google Scholar |

More access options

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Inquiry, Vol. 25, No. 1, 1987 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 1987 erstellt Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014166196