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Supervision and Project Performance: A Principal-Agent Approach
Chauvet, Lisa; Collier, Paul; Fuster, Andreas - Université Paris-Dauphine (Paris IX) - 2013
This paper extends and applies principal-agent theory to the performance of donor projects. There is variation in the … implication of principal-agent theory is that the principal should put greater effort into observation the wider is the divergence … of recipient governments. Consistent with the theory, we find that donor supervision of projects is significantly more …
Persistent link: https://www.econbiz.de/10011212045
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L'économie des contrats : technologies de l'information et coordination interentreprises
Brousseau, Eric - Université Paris-Dauphine (Paris IX) - 1993
Persistent link: https://www.econbiz.de/10010765449
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Assurance santé et sélection adverse : L’incidence des maladies invalidantes
Alary, David; Bien, Franck - Université Paris-Dauphine (Paris IX) - 2008
This paper investigates the impact of chronic diseases on insurance contracts with adverse selection. We use a bi-dimensional utility function (wealth and health status). We prove that the introduction of chronic diseases influences the equilibrium of insurance market. We characterize conditions...
Persistent link: https://www.econbiz.de/10010706637
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Nonparametric Adverse Selection Problems
Carlier, Guillaume - Université Paris-Dauphine (Paris IX) - 2002
conveniently expressed using some abstract convexity notions arising for instance in Mass Transfer Theory. After this …
Persistent link: https://www.econbiz.de/10010707036
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L’assurance habitation dans les départements d’Outre-mer : une faible souscription
Grislain-Letrémy, Céline; Calvet, Lucie - Université Paris-Dauphine (Paris IX) - 2012
Les départements d'Outre-mer (Dom) sont plus exposés aux risques naturels que la France métropolitaine. Pourtant, seuls 52 % des ménages des Dom ont souscrit pour leur résidence principale une assurance habitation, qui inclut obligatoirement la couverture des catastrophes naturelles, alors...
Persistent link: https://www.econbiz.de/10011072657
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Assurance maladie et risque moral ex ante. L'incidence du type de risque sanitaire
Bien, Franck - Université Paris-Dauphine (Paris IX) - 2004
This paper investigates the impact of health risk on insurance contract with hazard moral. We use a bi-dimensional utility function (wealth and health status). We prove that the type of health risk influences the equilibrium of insurance market. A full coverage is possible with moral hazard....
Persistent link: https://www.econbiz.de/10010861615
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Work incentives and household insurance: Sequential contracting with altruistic individuals and moral hazard
Aubert, Cécile - Université Paris-Dauphine (Paris IX) - 2006
Two agents sequentially contracts with different principals under moral hazard. If agents care for one another, the second principal gains by insuring them over first wages. Even with independent tasks, the first principal must offer riskier payments to induce effort.
Persistent link: https://www.econbiz.de/10010795028
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The sources of hospital cost variability
Dormont, Brigitte; Milcent, Carine - Université Paris-Dauphine (Paris IX) - 2004
Hospital heterogeneity is a major issue in defining a reimbursement system. If hospitals are heterogeneous, it is difficult to distinguish which part of the differences in costs is due to cost containment efforts and which part cannot be reduced, because it is due to other unobserved sources of...
Persistent link: https://www.econbiz.de/10010706753
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Migration, Remittances and Moral Hazard. Evidence from the Kayes Area (Western Mali)
Gubert, Flore - Université Paris-Dauphine (Paris IX) - 2000
This article uses recent survey data from the Kayes area (Western Mali) to estimate the effect of migration and remittances on the technical efficiency of agricultural households. A theoretical model is developed, which shows that the more insurance is provided by the migrants, the less...
Persistent link: https://www.econbiz.de/10010706768
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Existence and monotonicity of solutions to moral hazard problems
Carlier, Guillaume; Dana, Rose-Anne - Université Paris-Dauphine (Paris IX) - 2005
This paper provides a method to prove existence of solutions to some moral hazard problems with infinite set of outcomes. The argument is based on the concept of nondecreasing rearrangement and on a supermodular version of Hardy–Littlewood’s inequality. The method also provides qualitative...
Persistent link: https://www.econbiz.de/10010708828