Computing Moral Hazard Programs With Lotteries Using Matlab
AbstractThis paper provides a step-by-step hands on introduction to the techniques used in setting up and solving moral hazard problems with lotteries using Matlab. It uses a linear programming approach due to its relative simplicity and the high reliability of the available optimization algorithms.
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Bibliographic InfoPaper provided by EconWPA in its series Computational Economics with number 0201001.
Length: 19 pages
Date of creation: 10 Jan 2002
Date of revision:
Note: Type of Document - pdf; prepared on PC; to print on HP; pages: 19; figures: none
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moral hazard; linear programming; matlab;
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- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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