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A general equilibrium model of a multifirm moral-hazard economy with financial markets
Sung, Jaeyoung; Wan, Xuhu - In: Mathematical finance : an international journal of … 25 (2015) 4, pp. 827-868
Persistent link: https://www.econbiz.de/10011350510
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Moral hazard and overlapping generations with endugenous occupational choice
Ghatak, Maithreesh - 1997
Persistent link: https://www.econbiz.de/10000963160
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Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10010225898
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Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2013
Persistent link: https://www.econbiz.de/10010244872
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Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2014
Persistent link: https://www.econbiz.de/10010367934
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Hidden insurance in a moral-hazard economy
Bertola, Giuseppe; Koeniger, Winfried - In: The Rand journal of economics 46 (2015) 4, pp. 777-790
Persistent link: https://www.econbiz.de/10011481441
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Occupational choice and dynamic incentives
Ghatak, Maitreesh; Morelli, Massimo; Sjöström, Tomas - In: The review of economic studies 68 (2001) 4, pp. 781-810
Persistent link: https://www.econbiz.de/10001627794
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Hidden Insurance in a Moral Hazard Economy
Bertola, Giuseppe - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional form restrictions ensure that...
Persistent link: https://www.econbiz.de/10013071425
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Hidden insurance in a moral hazard economy
Bertola, Giuseppe; Koeniger, Winfried - 2013
We consider an economy where individuals privately choose effort and trade competitively priced securities that pay off with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then standard functional formrestrictions ensure that...
Persistent link: https://www.econbiz.de/10010208571
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Essays on dynamic incentives
Clausen, Andrew - 2012
Persistent link: https://www.econbiz.de/10011817030