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Privately informed owners securitizing assets signal positive information by retaining sufficient interest. Signaling provides social benefits, allowing uninformed investors to insure without fearing adverse selection. Instead of signaling, owners of high value assets may prefer a pooling...
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In this paper, we want to characterize the optimal health insurance contract with adverse selection and moral hazard. We assume that policyholders differ by the permanent health status loss and choose an unobservable preventive effort in order to reduce the probability of illness which is...
Persistent link: https://www.econbiz.de/10010861415
Several researches have worked on audit quality and thus particularly after the financial scandals that occurred in the beginning of the century. A number of these researches have linked the audit quality to auditors' reduction behaviours. Despite the role of the auditee in the audit conduction,...
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The aim of this paper is to provide a literature review of research on online consumer trust. First, the concept specificities are identified and the construct definition and dimensionality are examined. Then, a taxonomy of the online trust determinants is suggested. Finally, to gain...
Persistent link: https://www.econbiz.de/10010861420
Opinion – Gift, ungratefulness and management. Suicide and desengagement at work The gift theory as it was elaborated by Mauss and his successors helps to understand that the plant represents a place of social ties production, as well as a place for goods production. These ties, which produce...
Persistent link: https://www.econbiz.de/10010861421