Results 41 to 50 of about 1,630,166 (298)
THE ROLE OF INFORMATION ASYMETRY IN THE OUTBURST AND THE DEEPENING OF THE CONTEMPORARY ECONOMIC CRISIS [PDF]
Challenges of the Knowledge Society, 2011 An analysis of the outburst and deepening of the contemporary economic crisis that takes into account the information asymmetry is highly opportune. This point of view is strongly supported by the latter years’ developments regarding this theory, which ...
ANDRADA BUSUIOC, RISTIAN RADU BIRAU
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Optimal securities under adverse selection and moral hazard [PDF]
, 2009 We consider project financing under adverse selection and moral hazard and derive several interesting results. First, we provide an explanation of why good firms issue both debt and underpriced equity (even if the bankruptcy and agency costs of debt are ...
Koufopoulos, Kostas
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High-risk individuals in voluntary health insurance markets: the elephant in the room?
Health Economics, Policy and LawThe standard analytical framework of insurance markets by Einav and Finkelstein (EF) focuses on the problem of welfare loss for low-risk individuals.
Florian Buchner, Frederik T. Schut
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Enhancing crop insurance analysis with agricultural zoning data [PDF]
Revista de Economia e Sociologia RuralThis article proposes a framework for integrating agricultural zoning data into insurance risk analysis. It is based on combining official public information from the Brazilian zoning program, ZARC, with open insurance data provided by the Brazilian ...
Gilson Martins, Guilherme Signorini
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Eunomia, 2021 The coronavirus pandemic has created incentives for corruption, fraud, and self-dealing that can be explained by the underlying political-economic incentives at work. Three characteristics of the COVID-19 crisis are especially important.
Susan Rose-Ackerman
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Testing for Adverse Selection into Private Medical Insurance [PDF]
, 2006 We develop a test for adverse selection and use it to examine privatehealth insurance markets. In contrast to earlier papers that consider apurely private system or a system in which private insurance supplementsa public system, we focus our attention on
Olivella, P, Vera-Hernández, M
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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
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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
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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
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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
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