Hidden insurance in a moral hazard economy
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- Giuseppe Bertola & Winfried Koeniger, 2015. "Hidden insurance in a moral-hazard economy," RAND Journal of Economics, RAND Corporation, vol. 46(4), pages 777-790, October.
- Bertola, Giuseppe & Koeniger, Winfried, 2013. "Hidden Insurance in a Moral Hazard Economy," Economics Working Paper Series 1337, University of St. Gallen, School of Economics and Political Science.
- Bertola, Giuseppe & Koeniger, Winfried, 2014. "Hidden Insurance in a Moral Hazard Economy," CEPR Discussion Papers 9864, C.E.P.R. Discussion Papers.
- Bertola, Giuseppe & Koeniger, Winfried, 2013. "Hidden Insurance in a Moral Hazard Economy," IZA Discussion Papers 7806, Institute for the Study of Labor (IZA).
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Cited by:
- Bertola, Giuseppe & Koeniger, Winfried, 2014. "On the validity of the first-order approach with moral hazard and hidden assets," Economics Letters, Elsevier, vol. 124(3), pages 402-405.
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Keywords
Hidden action; Principal agent; First-order approach; Constrained efficiency;JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2013-12-15 (All new papers)
- NEP-CTA-2013-12-15 (Contract Theory & Applications)
- NEP-IAS-2013-12-15 (Insurance Economics)
- NEP-MAC-2013-12-15 (Macroeconomics)
- NEP-MIC-2013-12-15 (Microeconomics)
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