Computing Moral Hazard Programs With Lotteries Using Matlab
This 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.
|Date of creation:||10 Jan 2002|
|Note:||Type of Document - pdf; prepared on PC; to print on HP; pages: 19; figures: none|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
References listed on IDEAS
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University of Chicago - Economics Research Center
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