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Credit Risks in Banking of the Countries in Transitional Phase and possible Ways of Their Reduction in Croatian Banking System
Stjepanek, Stjepan; Matić, Branko - Volkswirtschaftliche Fakultät, … - 1999
unique category. The most represented type of risk in credit is a credit risk. It is possible to divide factors of risk … between decision-making and investment influences the size of a credit risk. The length of credit structure influences the … risk. The cognition of debtor's debt servicing potential, methods of coverage credit risk and indicators of credit risk …
Persistent link: https://www.econbiz.de/10005836609
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Multi-dimensional auctions under information asymmetry for costs and qualities
Papakonstantinou, A.; Bogetoft, P. - Volkswirtschaftliche Fakultät, … - 2012
This paper discusses the design of a novel multi-dimensional mechanism which allows a principal to procure a single project or an item from multiple suppliers through a two-step payment. The suppliers are capable of producing different qualities at costs which cannot exceed a certain value and...
Persistent link: https://www.econbiz.de/10011259763
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On simple contracts, renegotiation under asymmetric information, and the hold-up problem
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2002
interpreted as a 'simple' contract that the parties have written ex ante. This result is used in order to show that simple …
Persistent link: https://www.econbiz.de/10005836090
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The economic function of the contract for local utilities
Termini, Valeria; Cella, Michela - Volkswirtschaftliche Fakultät, … - 1999
contract theory. The article shows how the service contract, introduced after formal privatization, changes the incentives and … the productive efficiency of the firm. This contract is a flexible instrument which permits optimal tradeoffs between …
Persistent link: https://www.econbiz.de/10008468142
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Contracting Under Reciprocal Altruism
Shchetinin, Oleg - Volkswirtschaftliche Fakultät, … - 2009
contract theory. …
Persistent link: https://www.econbiz.de/10004999184
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Uberrimae Fidei and Adverse Selection: the equitable legal judgment of Insurance Contracts
Strauss, Jason David - Volkswirtschaftliche Fakultät, … - 2008
insureds to discover their risk type and/or educating potential insureds on the requirements of a contract of uberrimae fidei …
Persistent link: https://www.econbiz.de/10005619644
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The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory
Schmitz, Patrick W. - Volkswirtschaftliche Fakultät, … - 2001
This article provides a non-technical survey on recent topics in the theory of contracts. The hold-up problem is presented and the incomplete contracts approach is discussed. Emphasis is put on conceptual problems and open questions that await further research.
Persistent link: https://www.econbiz.de/10005621420
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Incentive Compatibility and Efficiency in the contractual Insurer-Provider Relationship: Economic Theory and practical Implications: The Case of North Carolina
Schmid, Andreas - Volkswirtschaftliche Fakultät, … - 2007
providers. An introduction to relevant aspects of contract theory is followed by their adaptation to the characteristics of the … conflicts of interest once a contract has been sealed (ex post). The theory based conclusions are contrasted with the situation …
Persistent link: https://www.econbiz.de/10008574266
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Principal-Agent Settings with Random Shocks
Rubin, Jared; Sheremeta, Roman - Volkswirtschaftliche Fakultät, … - 2015
the contract by the agent, the payoff of the principal, and total welfare. Therefore, our findings demonstrate that random …
Persistent link: https://www.econbiz.de/10011157030
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Gouvernance optimale moderne des universités
Jellal, Mohamed - Volkswirtschaftliche Fakultät, … - 2014
This paper is a theoretical introduction to modern governance of universities in developing countries. Indeed, adopting the approach of the paradigm of the theory of incentives Laffont and Tirole (1993), this paper discusses the effects of the presence of information asymmetry between the State...
Persistent link: https://www.econbiz.de/10011108454