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Market failure with moral hazard and side trading

  • Kahn, Charles M.
  • Mookherjee, Dilip

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File URL: http://www.sciencedirect.com/science/article/B6V76-3YYTJYW-1/2/0163ab79eefb60f72dce53b481569662
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Article provided by Elsevier in its journal Journal of Public Economics.

Volume (Year): 58 (1995)
Issue (Month): 2 (October)
Pages: 159-184

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Handle: RePEc:eee:pubeco:v:58:y:1995:i:2:p:159-184
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505578

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  1. Maskin, Eric S. & Grossman, Sanford J. & Hart, Oliver D., 1983. "Unemployment with Observable Aggregate Shocks," Scholarly Articles 3448840, Harvard University Department of Economics.
  2. Richard Arnott & Joseph Stiglitz, 1986. "The Welfare Economics of Moral Hazard," Working Papers 635, Queen's University, Department of Economics.
  3. Edward C Prescott & Robert M Townsend, 2010. "Pareto Optima and Competitive Equilibria With Adverse Selection and Moral Hazard," Levine's Working Paper Archive 2069, David K. Levine.
  4. Kahn, Charles & Mookherjee, Dilip, 1988. "A Competitive Efficiency Wage Model with Keynesian Features," The Quarterly Journal of Economics, MIT Press, vol. 103(4), pages 609-45, November.
  5. John H. Boyd & Edward C. Prescott & Bruce D. Smith, 1988. "Organizations in economic analysis," Working Papers 385, Federal Reserve Bank of Minneapolis.
  6. Hammond, Peter J, 1987. "Markets as Constraints: Multilateral Incentive Compatibility in Continuum Economies," Review of Economic Studies, Wiley Blackwell, vol. 54(3), pages 399-412, July.
  7. Bernheim, B. Douglas & Peleg, Bezalel & Whinston, Michael D., 1987. "Coalition-Proof Nash Equilibria I. Concepts," Journal of Economic Theory, Elsevier, vol. 42(1), pages 1-12, June.
  8. Fudenberg, Drew & Holmstrom, Bengt & Milgrom, Paul, 1990. "Short-term contracts and long-term agency relationships," Journal of Economic Theory, Elsevier, vol. 51(1), pages 1-31, June.
  9. Kletzer, Kenneth M, 1984. "Asymmetries of Information and LDC Borrowing with Sovereign Risk," Economic Journal, Royal Economic Society, vol. 94(374), pages 287-307, June.
  10. Roger B. Myerson, 1988. "Sustainable Matching Plans with Adverse Selection," Discussion Papers 767, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  11. Berliant, Marcus, 1992. "On income taxation and the core," Journal of Economic Theory, Elsevier, vol. 56(1), pages 121-141, February.
  12. Braverman, Avishay & Stiglitz, Joseph E, 1982. "Sharecropping and the Interlinking of Agrarian Markets," American Economic Review, American Economic Association, vol. 72(4), pages 695-715, September.
  13. Helpman, Elhanan & Laffont, Jean-Jacques, 1975. "On moral hazard in general equilibrium theory," Journal of Economic Theory, Elsevier, vol. 10(1), pages 8-23, February.
  14. Bizer, David S & DeMarzo, Peter M, 1992. "Sequential Banking," Journal of Political Economy, University of Chicago Press, vol. 100(1), pages 41-61, February.
  15. Richard J. Arnott & Joseph E. Stiglitz, 1983. "Moral Hazard and Optimal Commodity Taxation," NBER Working Papers 1154, National Bureau of Economic Research, Inc.
  16. Rogerson, William P, 1985. "Repeated Moral Hazard," Econometrica, Econometric Society, vol. 53(1), pages 69-76, January.
  17. Boyd, John H. & Prescott, Edward C., 1986. "Financial intermediary-coalitions," Journal of Economic Theory, Elsevier, vol. 38(2), pages 211-232, April.
  18. Kahn, Charles M. & Mookherjee, Dilip, 1992. "The good, the bad, and the ugly: Coalition proof equilibrium in infinite games," Games and Economic Behavior, Elsevier, vol. 4(1), pages 101-121, January.
  19. Greenwald, Bruce C & Stiglitz, Joseph E, 1986. "Externalities in Economies with Imperfect Information and Incomplete Markets," The Quarterly Journal of Economics, MIT Press, vol. 101(2), pages 229-64, May.
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