Browsing Max Weber Programme (MWP) by Subject "limited commitment"

DSpace/Manakin Repository

Browsing Max Weber Programme (MWP) by Subject "limited commitment"

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    Title: Estimating Dynamic Contracts: Risk Sharing in Village Economies  Author(s): LACZÓ, Sarolta Date: 2010 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper studies the role of preference and income risk heterogeneity when risk sharing is partial due to limited commitment. I estimate the dynamic contract determining self-enforcing insurance transfers in a structural ...