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Violence, Emotional Distress and Induced Changes in Risk Aversion among the Displaced Population in Colombia
Moya, A. - Rimisp Centro Latinoamericano para el Desarrollo Rural - 2012
This document is the result of the Rural Territorial Dynamics Program, implemented by Rimisp in several Latin American countries in collaboration with numerous partners. The program has been supported by the International Development Research Center (IDRC, Canada). We authorize the...
Persistent link: https://www.econbiz.de/10010904084
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Risk aversion, moral hazard, and the principal's loss
Chade, Hector; Serio, Virginia N. Vera de - In: Economic Theory 20 (2002) 3, pp. 637-644
In their seminal paper on the principal-agent model with moral hazard, Grossman and Hart (1983) show that if the agent's utility function is $U(I,a)=-e^{-k(I-a)}$, then the loss to the principal from being unable to observe the agent's action is increasing in the agent's degree of absolute risk...
Persistent link: https://www.econbiz.de/10005596812
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Paying for performance and motivation crowding out
Siciliani, Luigi - In: Economics letters 103 (2009) 2, pp. 68-71
Persistent link: https://www.econbiz.de/10003846711
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Overdeterrence of repeat offenders when penalties for first-time offenders are restricted
Müller, Daniel; Schmitz, Patrick W. - In: Economics letters 129 (2015), pp. 116-120
Persistent link: https://www.econbiz.de/10011422056
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Limited liability, the first-order approach, and the ranking of information systems in agencies
Larmande, Francois - In: Economics letters 118 (2013) 2, pp. 314-317
Persistent link: https://www.econbiz.de/10009708905
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Job design with sequential tasks and outcome externalities revisited
Pi, Jiancai - In: Economics letters 125 (2014) 2, pp. 274-277
Persistent link: https://www.econbiz.de/10010505314
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The hold-up problem, innovations, and limited liability
Schmitz, Patrick W. - In: Economics letters 117 (2012) 3, pp. 841-843
Persistent link: https://www.econbiz.de/10009682589
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Public procurement in times of crisis : the bundling decision reconsidered
Schmitz, Patrick W. - In: Economics letters 121 (2013) 3, pp. 533-536
Persistent link: https://www.econbiz.de/10010393032
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Why costless auditing may reduce social welfare
Feess, Eberhard; Schumacher, Christoph - In: Economics letters 90 (2006) 3, pp. 407-411
Persistent link: https://www.econbiz.de/10003295330
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What can we learn from simulating a standard agency model?
Robe, Michel A. - In: Economics letters 73 (2001) 2, pp. 137-146
Persistent link: https://www.econbiz.de/10001613392