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Moral Hazard

Moral Hazard and Bargaining Power

Moral Hazard and Bargaining Power

... similar moral hazard ...our moral hazard model gives rise to a concave Pareto frontier, this equivalence does not come as a ...to moral hazard and the liability limit the ...

9

Moral Hazard in Home Equity Conversion

Moral Hazard in Home Equity Conversion

... the moral hazard associated with ...the moral hazards created by all these different home equity conversion contracts have a certain family ...

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Dynamic contracts with moral hazard and adverse selection

Dynamic contracts with moral hazard and adverse selection

... continuous-time moral hazard problem that allowed him to obtain a very clean characterization of the optimal ...dynamic moral hazard problem with a risk-averse agent and a risk-neutral ...

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Selection on moral hazard in health insurance

Selection on moral hazard in health insurance

... of moral hazard makes an insured individual’s privately optimal utilization choice socially ine¢ cient; any positive insurance coverage makes the individual face a healthcare price which is lower than the ...

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Liquidity, moral hazard and bank crises

Liquidity, moral hazard and bank crises

... with moral hazard, we show that second best bank contracts that improve on autarky ex ante require costly crises to occur with positive probability at the interim ...

29

Entrepreneurs, moral hazard, and endogenous growth.

Entrepreneurs, moral hazard, and endogenous growth.

... Recent empirical research, based on cross-country-regression analysis, has identi- fied a negative relation between inequality and growth. Prominent examples include Persson and Tabellini (1994) and Aghion et al. (1999). ...

18

Firms’ moral hazard in sickness absences

Firms’ moral hazard in sickness absences

... firms’ moral hazard ...of moral hazard and sickness absences because Austrian legislation guarantees each regular employee continued wage pay- ments for at least six weeks, to be paid by the ...

37

Hidden Insurance in a Moral Hazard Economy

Hidden Insurance in a Moral Hazard Economy

... from moral hazard can be addressed by linear taxation of anonymous insurance transactions or by public transfer schemes that use a transaction technology different from the one that produces private ...

32

Moral hazard, dividends, and risk in banks

Moral hazard, dividends, and risk in banks

... decreasing moral hazard, and supports the recent changes in the Basel Accord (Basel III) that impose progressive dividend restrictions on banks that are undercapitalised (Brunnermeier et ...

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Selection on Moral Hazard in Health Insurance

Selection on Moral Hazard in Health Insurance

... on moral hazard has implications for the standard analysis of both selection and moral ...on moral hazard suggests that monitoring techniques that are usually thought of as reducing ...

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Moral Hazard in the French Workers Compensation System

Moral Hazard in the French Workers Compensation System

... nominal moral hazard as the benefit level increases. Moral hazard is based on the percentage change in indemnity payments (equation 1) and on the percentage change medical payments (equation ...

9

Quantifying Moral Hazard: A Reply to Gary Richardson

Quantifying Moral Hazard: A Reply to Gary Richardson

... Richardson’s insights into other forms of moral hazard at work are difficult to quantify empirically. However, examiners’ comments in the examination re- ports we used in our paper offer some support for ...

5

Financial safety nets, bailouts and moral hazard

Financial safety nets, bailouts and moral hazard

... Abstract. The paper argues that policymakers bail out banks with financial problems to avoid the costs of financial repression. After financial liberalization and when risk is verifiable, in some circumstances ...

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Sovereign Bailouts and Moral Hazard with Strategic Default

Sovereign Bailouts and Moral Hazard with Strategic Default

... in moral hazard by investors and borrowing ...that moral hazard should be a big concern to taxpayers who finance IMF bailouts, noting that “IMF loans have had a stubborn habit of being repaid ...

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Essays on moral hazard, reputation and market structure

Essays on moral hazard, reputation and market structure

... In a model of moral hazard and perfect public monitoring, Klein and Leffler demonstrate that when quality is unobserved before purchase the equilibrium price must be above average cost o[r] ...

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Moral Hazard, Bertrand Competition, and Natural Monopoly

Moral Hazard, Bertrand Competition, and Natural Monopoly

... introduce moral hazard with a customer-sensitive probability of exposure; competition necessarily results in a natural monopoly with only one active ...

21

Partial Deposit Insurance and Moral Hazard in Banking

Partial Deposit Insurance and Moral Hazard in Banking

... In the current crisis, banking regulations combined with the poor management and supervision, in part, have been responsible for the bank’s improper leverages, lending and securitization. A bank failure could easily turn ...

21

Altruism, moral hazard, and sharecropping

Altruism, moral hazard, and sharecropping

... double-sided moral hazard model in which the landlord and the tenant are bet- ter in providing different unmarked factor ...of moral hazard ...of moral hazard in the course of ...

10

Moral hazard in repeated procurement of services

Moral hazard in repeated procurement of services

... a moral hazard problem in repeated procurement of services by a model with two periods and two homogeneous and risk-neutral ...the moral hazard ...mitigate moral hazard problems ...

31

IMF Bailouts and Moral Hazard

IMF Bailouts and Moral Hazard

... An IMF loan differs from an insurance contract in several aspects. Insurance contracts render permanent transfer of funds from the insurer to the insured on realization of the risk. In contrast, IMF financial support is ...

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