Results 221 to 230 of about 1,348,779 (245)

IMF bailouts and moral hazard [PDF]

Journal of International Money and Finance, 2004
This paper empirically investigates the extent of investor moral hazard associated with IMF bailouts by analyzing the responses of sovereign bond spreads to the changes in the perceived probability of IMF bailouts of countries undergoing financial crisis.
Jong-Wha Lee, Kwanho Shin
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Moral hazard and stability

Social Choice and Welfare, 2014
Economists perceive moral hazard as an undesirable problem because it undermines efficiency. Carefully designed contracts can mitigate the moral hazard problem, but this assumes that a team is already formed. This paper demonstrates that these contracts are sometimes the reason why teams do not form.
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Moral hazard and conditional preferences [PDF]

Journal of Mathematical Economics, 1999
Abstract Conditional Expected Utility Theory (CEUT) provides an axiomatic foundation for a theory of decision under uncertainty which allows agents to choose which event in a given partition of the state space will occur. Here, we provide an alternative axiomatization of this situation.
DREZE, Jacques H., RUSTICHINI, Aldo
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Moral Hazard and Moral Imperative

The Journal of Risk and Insurance, 1988
In a recent article in this Journal, Wu and Colwell 1988) seek to describe how the optimal level of safety production chosen by an individual is determined. Their objective is to " . . . handle questions of moral hazard, and moral imperative in a simpler and more heuristic manner than the previous literature" (p. 101).
Chunchi Wu, Peter F. Colwell
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Teamwork and Moral Hazard: Evidence from the Emergency Department

Journal of Political Economy, 2016
I investigate how teamwork may reduce moral hazard by joint monitoring and management. I study two organizational systems differing in the extent to which physicians may mutually manage work: Physicians are assigned patients in a “nurse-managed” system ...
David C. Chan
semanticscholar   +1 more source

Bayesian Persuasion and Moral Hazard

, 2018
We consider a three-player Bayesian persuasion game in which the sender designs a signal about an unknown state of the world, the agent exerts a private effort that determines the distribution of the underlying state, and the receiver takes an action ...
Raphael Boleslavsky, Kyungmin Kim
semanticscholar   +1 more source

Corporate governance, moral hazard, and financialization

International Review of Economics & Finance, 2023
Zehao Liu, Huoqing Tang, Chengsi Zhang
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Preventive Repression: Two Types of Moral Hazard

American Political Science Review, 2017
Authoritarian leaders maintain their grip on power primarily through preventive repression, routinely exercised by specialized security agencies with the aim of preventing any opponents from organizing and threatening their power.
Tiberiu Dragu, A. Przeworski
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Optimal Dynamic Contracts with Moral Hazard and Costly Monitoring

Journal of Economics Theory, 2016
We introduce a tractable dynamic monitoring technology into a continuous-time moral-hazard problem and study the optimal long-term contract between principal and agent.
T. Piskorski, Mark M. Westerfield
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Moral Hazard

Dictionary of Global Bioethics, 2021
Juan H. Flores Zendejas, N. Gaillard, R. Michalek   +2 more
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