A Game Theoretic Economics Framework to understanding Information Security Oursourcing Market [PDF]
On information security outsourcing market, an important reason that firms do not want to let outside firms(usually called MSSPs-Managed Security Service Providers) to take care of their security need is that they worry about service quality MSSPs provide because they cannot monitor effort of the MSSPs.
arxiv
North–South Lending with Moral Hazard and Repudiation Risk [PDF]
Philip R. Lane
openalex +1 more source
Moral Hazard in Active Asset Management
We consider a model of active asset management in which mutual fund managers exert unobservable effort to earn excess returns. Investors allocate capital to actively managed funds and passively managed products.
David C. Brown, S. Davies
semanticscholar +1 more source
Bank monitoring incentives under moral hazard and adverse selection [PDF]
In this paper, we extend the optimal securitisation model of Pag\`es [50] and Possama\"i and Pag\`es [51] between an investor and a bank to a setting allowing both moral hazard and adverse selection. Following the recent approach to these problems of Cvitani\'c, Wan and Yang [14], we characterise explicitly and rigorously the so-called credible set of ...
arxiv
In a Small Moment: Class Size and Moral Hazard in the Italian Mezzogiorno
Instrumental variables (IV) estimates show strong class size effects in Southern Italy. But Italy's Mezzogiorno is distinguished by manipulation of standardized test scores as well as by economic disadvantage.
semanticscholar +1 more source
Multi-Dimensional Payment Plan in Fog Computing with Moral Hazard [PDF]
Recently, the concept of fog computing which aims at providing time-sensitive data services has become popular. In this model, computation is performed at the edge of the network instead of sending vast amounts of data to the cloud. Thus, fog computing provides low latency, location awareness to end users, and improves quality-of-services (QoS).
arxiv
On the Long Run Implications of Repeated Moral Hazard [PDF]
Christopher Phelan
openalex +1 more source
Testing for selection bias and moral hazard in private health insurance: Evidence from a mixed public-private health system. [PDF]
Afoakwah C+3 more
europepmc +1 more source
Optimal Contract with Moral Hazard for Public Private Partnerships [PDF]
Public-Private Partnership (PPP) is a contract between a public entity and a consortium, in which the public outsources the construction and the maintenance of an equipment (hospital, university, prison...). One drawback of this contract is that the public may not be able to observe the effort of the consortium but only its impact on the social welfare
arxiv
MORAL HAZARD - CASE OR EFFECT OF THE ECONOMIC CRISIS [PDF]
In the past two years, the main topic of discussion was "global economic crisis", why?, what effect?, or when and how to overcome it, "are questions that each and everyone asked themselves once at least in the last twenty-four months.
Victor Troacă , Victor-Adrian Troacă
doaj