Moral hazard with the (unlikely) possibility of catastrophes
Year of publication: |
2014
|
---|---|
Authors: | Bednarek, Ziemowit ; Patel, Pratish |
Published in: |
Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 124.2014, 3, p. 386-388
|
Subject: | Moral hazard | Cumulants | Rare disasters | Optimal contract | Skewness | Moral Hazard | Prinzipal-Agent-Theorie | Agency theory | Katastrophe | Disaster | Vertragstheorie | Contract theory | Leistungsanreiz | Performance incentive |
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