Results 31 to 40 of about 1,610,646 (177)
Performance Pay and Adverse Selection* [PDF]
The Scandinavian Journal of Economics, 2001 AbstractIt is well known in personnel economics that firms may improve the quality of their workforce by offering performance pay. We analyze an equilibrium model where worker productivity is private information and show that the firms’ gain from worker self‐selection may not be matched by a corresponding social gain.
Moen, Espen R., Rosén, Åsa
openaire +2 more sources
Cogent Economics & Finance, 2017 Market professionals and regulators have been concerned by locked/crossed quotes (negative quoted spreads) for years. To ease the concerns that locked/crossed quotes may cause confusion or instability in financial markets and to promote market efficiency,
Youzong Xu, Bo Li
doaj +1 more source
OPPORTUNITY COST ARE A KEY TO CASH PUZZLE OF THE COMPANY
Стратегические решения и риск-менеджмент, 2015 Features of influence of opportunity cost on the cash policy of the Russian companies are considered. The author analyzes relationship of cause and effect of escalating of cash.
S. I. Lutsenko
doaj +1 more source
Moral Hazard, Adverse Selection and the Optimal Consumption-Leisure Choice under Equilibrium Price Dispersion [PDF]
Журнал институциональных исследований, 2017 The analysis of the optimal consumption-leisure choice under equilibrium price dispersion discovers the methodological difference between problems of moral hazard and adverse selection.
Sergey Malakhov
doaj +1 more source
Adverse Selection in Mortgage Securization [PDF]
SSRN Electronic Journal, 2010 Abstract Using several large data sets of mortgage loans originated between 2004 and 2007, we find that in the prime mortgage market, banks generally sold low-default-risk loans into the secondary market while retaining higher-default-risk loans in their portfolios.
Agarwal, S., Chang, Y., Yavas, A.
openaire +1 more source
A BAYESIAN GAME FOR A PROFIT AND LOSS SHARING CONTRACT
Journal of Islamic Monetary Economics and Finance, 2021 This paper presents a Bayesian game model for a profit-and-loss sharing (PLS) contract. We develop the model in two parts, one for a non-social bank and the other for a social bank.
Djaffar Lessy +2 more
doaj +1 more source
Applications of Decisions under Uncertainty in the Case of Omniasig-Life Insurance S.A. [PDF]
Informatică economică, 2006 Uncertainty is given because we don’t know the nature state event. The company can only estimate the demand of policies in order to estimate the received premiums.
Stelian STANCU
doaj
The Shifting Shape of Risk: Endogenous Market Failure for Insurance
Risks, 2017 This article considers an economy where risk is insurable, but selection determines the pool of individuals who take it up. First, we demonstrate that the comparative statics of these economies do not necessarily depend on its marginal selection (adverse
Thomas G. Koch
doaj +1 more source
Cogent Business & Management, 2023 Insolvency proceedings are strategic for the competitiveness of a national economy. The new law, but also new financial situation of organizations affect the new normal of insolvency framework.
Unai Olabarrieta +2 more
doaj +1 more source
Non-Exclusive Competition Under Adverse Selection [PDF]
SSRN Electronic Journal, 2011 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Attar, Andrea +2 more
openaire +6 more sources