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This dissertation includes two essays on adverse selection and moral hazard problems in reinsurance markets. The first essay builds a competitive principal-agent model that considers adverse selection and moral hazard jointly, and characterizes graphically various forms of separating Nash...
Persistent link: https://www.econbiz.de/10009463429
Allokationsverfahren zur Vergabe von Zutrittslizenzen an Marktneulinge differieren hinsichtlich mehrerer Aspekte. Einer davon ist die Veröffentlichung der vom Regulierer im Lizenzvergabeverfahren gesammelten Informationen. Der Autor untersucht den Einfluss der Informationsweitergabe auf die...
Persistent link: https://www.econbiz.de/10009467401
dem IWF in diesen Szenarien zur Verfügung stehen, orientieren sich dabei an den in der Theorie zur Finanzintermediation …, especially in contract theory. After thoroughly summarizing the potential information asymmetries and negative incentives between …
Persistent link: https://www.econbiz.de/10009471827
This thesis contributes to the literature by providing new insights into the patterns and market implications of insider trading. The inferences presented here are based on the insider trading reports filed with the Polish Securities and Exchange Commission and the New Zealand Exchange. First,...
Persistent link: https://www.econbiz.de/10009460738
rigidities. Neoclassical implicit contract theory has been vindicated. Or has it? Obvious empirical difficulties remain … the processes of production and exchange, principles of an alternative conceptualization of contract theory are sketched … local labor markets, part 2: reinterpreting contract theory', Environment and Planning A, 15(3), 365-377. [Available at http://www.envplan.com/A.html]. …
Persistent link: https://www.econbiz.de/10009441459
Published by Asociación de Economistas Agrarios de Chile
Persistent link: https://www.econbiz.de/10009443683
This dissertation considers three topics in professional advising and forecasting. Chapter 1 examines a principal's optimal contracting with experts. In an environment where experts have heterogeneous private signal distributions and type dependent reservation utilities, we show that the...
Persistent link: https://www.econbiz.de/10009476989
. Ausgehend von verschiedenen Aspekten der Vertragstheorie erfolgt eine Spezifikation auf die Besonderheiten des Gesundheitswesens … 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/10009485586
Die Möglichkeit einer straferleichternden Selbstanzeige vor der Entdeckung durch Strafverfolgungsbehörden oder eines Straferlasses für geständige Angeklagte in Gerichtsverhandlungen ist weitverbreitet in den meisten Rechtssystemen. Die Diskussion in den Rechtswissenschaften konzentriert sich...
Persistent link: https://www.econbiz.de/10009467392