PEPI, Mitica - In: Theoretical and Applied Economics 6(595)(supplement) (2014) 6(595)(supplement), pp. 190-214
Moral hazard played an influential role in the shape of the post-crisis policy debate on the role and limits of optimal financial regulation as a means of constraining excessive risktaking socially. At the same time, however, our understanding of moral hazard - potential sources, its impact on...