Results 201 to 210 of about 1,348,779 (245)
AI and the falling sky: interrogating X-Risk. [PDF]
Jecker NS+4 more
europepmc +1 more source
This article studies moral hazard with many agents. The focus is on two features that are novel in a multiagent setting: free riding and competition. The free-rider problem implies a new role for the principal: administering incentive schemes that do not
Bengt R. Holmstrom
semanticscholar +4 more sources
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Distinguishing morale hazard from moral hazard in geoengineering
Environmental Law Review, 2016Geoengineering is the deliberate modification of the climate system. It has been discussed as a technique to counteract changes expected as a result of Anthropogenic Global Warming (AGW).1 Speculation has occurred that the possibility of geoengineering ...
A. Lockley, D. Coffman
semanticscholar +3 more sources
We interpret workers' confidence in their own skills as their morale, and investigate the implication of worker overconfidence on the firm's optimal wage-setting policies. In our model, wage contracts both provide incentives and affect worker morale, by revealing private information of the firm about worker skills.
Hanming Fang, Giuseppe Moscarini
openaire +2 more sources
Moral Hazard versus Liquidity in Household Bankruptcy
Journal of Finance, 2020This paper studies the role of moral hazard and liquidity in driving household bankruptcy. First, I estimate that increases in potential debt forgiveness have a positive, but small, effect on filing using a regression kink design.
Sasha Indarte
semanticscholar +1 more source
, 2020
Purpose: Conditions of inadequate and asymmetric information when an agent is hired by a principal have resulted in the problems of moral hazard and adverse selection (MHAS) in Public Private Partnership (PPP) construction projects. The objective of this
D. Owusu-Manu+4 more
semanticscholar +1 more source
Purpose: Conditions of inadequate and asymmetric information when an agent is hired by a principal have resulted in the problems of moral hazard and adverse selection (MHAS) in Public Private Partnership (PPP) construction projects. The objective of this
D. Owusu-Manu+4 more
semanticscholar +1 more source
Moral Hazard: A Question of Morality?
NEW SOLUTIONS: A Journal of Environmental and Occupational Health Policy, 2000Economists use the term moral hazard to describe the tendency for insurance plans to encourage behavior that increases the risk of insured loss. Numerous economic studies have examined moral hazard effects in workers' compensation. Many of these have focused on the supposed propensity of workers to exercise less caution or to file more claims in ...
Allard E. Dembe, Leslie I. Boden
openaire +3 more sources
Moral hazard: the effect of insurance on risk and efficiency
Agricultural Economics, 2019While there is a large body of literature investigating the effect of crop and livestock insurance on input and yield, limited attention has been paid to the effect of insurance on efficiency.
Kristin H. Roll
semanticscholar +1 more source
Dynamic Natural Monopoly Regulation: Time Inconsistency, Moral Hazard, and Political Environments
Journal of Political Economy, 2018This paper quantitatively assesses time inconsistency, moral hazard, and political ideology in monopoly regulation of electricity distribution. We specify and estimate a dynamic model of utility regulation featuring investment and moral hazard.
C. Lim, Ali Yurukoglu
semanticscholar +1 more source