Browsing ECO Working Papers by Subject "Moral Hazard"

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Browsing ECO Working Papers by Subject "Moral Hazard"

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    Title: Asymmetric Awareness and Moral Hazzard  Author(s): AUSTER, Sarah Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper introduces asymmetric awareness into the classical principal-agent model and discusses the optimal contract between a fully aware principal and an unaware agent. The principal enlarges the agent’s awareness ...
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    Title: Asymmetric Awareness and Moral Hazard  Author(s): AUSTER, Sarah Date: 2011 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper introduces asymmetric awareness into the classical principal-agent model and discusses the optimal contract between a fully aware principal and an unaware agent. The principal enlarges the agent’s awareness ...
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    Title: Does the Good Matter? Evidence on Moral Hazard and Adverse Selection from Consumer Credit Market  Author(s): BICAKOVA, Alena Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Default rates on instalment loans vary with type of the good purchased. Using an Italian dataset of instalment loans between 1995-1999, we first show that the variation persists even after controlling for contract ...