Moral Hazard and the Market for Used Automobiles
AbstractThis paper examines a moral hazard problem faced by the owners of fleet automobiles. because fleet vehicules are generally not driven by their owners, the drivers of these vehicules do not bear all of the costs of either neglecting or abusing the vehicule.
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Bibliographic InfoPaper provided by U.S. Department of Justice - Antitrust Division in its series Papers with number 96-04.
Length: 20 pages
Date of creation: 1996
Date of revision:
Contact details of provider:
Postal: U.S. DEPARTMENT OF JUSTICE; ANTITRUST DIVISION, JUDICIARY CENTER BUILDING 555 4TH ST. N.W. WASHINGTON D.C. 20001 U.S.A..
Web page: http://www.justice.gov/atr/
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RISK; AUTOMOBILES; COSTS;
Find related papers by JEL classification:
- L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment
- D18 - Microeconomics - - Household Behavior - - - Consumer Protection
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
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