Lindbeck, Assar (contributor); Persson, Mats (contributor) - 2006
A large literature on ex ante moral hazard in income insurance emphasizes that the individual can affect the … hazard ex post mainly analyzes how a moral hazard constraintʺ can make the individual abstain from fraud (mimickingʺ). The … present paper instead presents a model of moral hazard ex post without a moral hazard constraint; the individual's ability and …