Results 51 to 60 of about 1,348,779 (245)
A moral hazard perspective on financial crisis [PDF]
Banks and Bank Systems, 2017 Moral hazard is a typical problem of modern economic system, if we consider its a central role in the events leading up to the (financial) crisis of 2008.
Francesco Busato, Cuono Massimo Coletta
doaj +1 more source
DOUBLE ORAL AUCTIONS AND TENDENCIES TOWARD MORAL HAZARD [PDF]
Annals of the University of Oradea: Economic Science, 2012 Moral hazard can be found almost in all fields of human activities. Moral hazard is a change of economic agent´s behaviour when circumstances change. Theoretical background of moral hazard issue in economics dates back to 1970s.
Kubák Matúš +3 more
doaj
Ethics, Policy & Environment, 2019 Moral hazards are ubiquitous. Green ones typically involve technological fixes: Environmentalists often see ‘technofixes’ as morally fraught because they absolve actors from taking more difficult steps towards systemic solutions. Carbon removal and especially solar geoengineering are only the latest example of such technologies.
Gernot Wagner, Daniel Zizzamia
openaire +3 more sources
Optimal contracts under competition when uncertainty from adverse selection and moral hazard are present [PDF]
, 2018 In a continuous-time setting where a risk-averse agent controls the drift of an output process driven by a Brownian motion, optimal contracts are linear in the terminal output; this result is well-known in a setting with moral hazard and -under stronger assumptions - adverse selection.
arxiv +1 more source
Moral Hazard, Dynamic Incentives, and Ambiguous Perceptions [PDF]
arXiv, 2021 This paper considers dynamic moral hazard settings, in which the consequences of the agent's actions are not precisely understood. In a new continuous-time moral hazard model with drift ambiguity, the agent's unobservable action translates to drift set that describe the evolution of output.
arxiv
Ex-post moral hazard and manipulation-proof contracts [PDF]
arXiv, 2021 We examine the trade-off between the provision of incentives to exert costly effort (ex-ante moral hazard) and the incentives needed to prevent the agent from manipulating the profit observed by the principal (ex-post moral hazard). Formally, we build a model of two-stage hidden actions where the agent can both influence the expected revenue of a ...
arxiv
Double Moral Hazard in Buy-Back Oil Contracts [PDF]
Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān, 2017 This research is modeling third generation of buy back oil contracts by considering a double moral hazard and employing Cubb-Douglas production function.
Mohammadmahdi Askari, Hamidreza Maboudi
doaj +1 more source
Frontiers in Public Health, 2022 ObjectiveThe objective of the research was to determine which socioeconomic factors are the ones that most influence the moral hazard in the behavior of the doctors of the Comprehensive Health Insurance in the province of San Román and to identify the ...
Julio C. Quispe Mamani +8 more
doaj +1 more source
Optimal moral-hazard-free reinsurance under extended distortion premium principles [PDF]
arXiv, 2023 We study an optimal reinsurance problem under a diffusion risk model for an insurer who aims to minimize the probability of lifetime ruin. To rule out moral hazard issues, we only consider moral-hazard-free reinsurance contracts by imposing the incentive compatibility constraint on indemnity functions.
arxiv
The Moral Hazard of Lifesaving Innovations: Naloxone Access, Opioid Abuse, and Crime
Social Science Research Network, 2018 The United States is experiencing an epidemic of opioid abuse. In response, many states have increased access to naloxone, a drug that can save lives when administered during an overdose. However, naloxone access may unintentionally increase opioid abuse
Jennifer L. Doleac, Anit Mukherjee
semanticscholar +1 more source