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4 edition of Double moral hazard, monitoring, and the nature of contracts found in the catalog.

Double moral hazard, monitoring, and the nature of contracts

Pradeep Agrawal

Double moral hazard, monitoring, and the nature of contracts

by Pradeep Agrawal

  • 159 Want to read
  • 12 Currently reading

Published by Institute of Economic Growth in Delhi .
Written in English


Edition Notes

Includes bibliographical references.

StatementPradeep Agrawal.
SeriesWorking paper series ;, no. E/231/2003, Working paper series (Institute of Economic Growth (India)) ;, no. E/2003/231.
ContributionsInstitute of Economic Growth (India)
The Physical Object
Pagination21 p. ;
Number of Pages21
ID Numbers
Open LibraryOL3333676M
LC Control Number2004312780

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Double moral hazard, monitoring, and the nature of contracts by Pradeep Agrawal Download PDF EPUB FB2

Moral hazard can be divided into two types when it involves asymmetric information (or lack of verifiability) of the outcome of a random event. An ex ante moral hazard is a change in behavior prior to the outcome of the random event, whereas ex post involves behavior after the outcome.

Optimal shared-savings contracts in supply chains: Linear contracts and double moral hazard European Journal of Operational Research, Vol. No. 3 Sharing Demand Information in a Value Chain: Implications for Pricing and ProfitabilityCited by: Managing innovation involves double moral hazard because the principal delegates R&D to a specialized agent and then makes decisions to apply the resulting invention.

Double moral hazard is significant because innovation by the principal implies that the optimal Cited by: 3. "Double-Sided Moral Hazard and the Nature of Share Contracts," RAND Journal of Economics, The RAND Corporation, vol. 26(4), pagesWinter. Russell Cooper & Thomas W.

Ross, "Product Warranties and Double Moral Hazard," RAND Journal of Economics, The RAND Corporation, vol. 16(1), pagesSpring. Moral Hazard and Corporate Governance against a double moral hazard problem (if one task retained). I show that delegation of both tasks tends to go hand in hand with agent asset ownership.

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The principal–agent problem, in political science and economics (also known as agency dilemma or the agency problem) occurs when one person or entity (the "agent"), is able to make decisions and/or take actions on behalf of, or that impact, another person or entity: the "principal".

This dilemma exists in circumstances where agents are motivated to act in their own best interests, which are. Double Moral Hazard, Monitoring and the Nature of Contracts Incentives, Risk and Agency Costs in the Choice of Contractual Arrangements in Agriculture India's Exports: An Analysis.

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According to one estimate, as we begin the new millennium,File Size: 1MB. In this paper, we explore the role of franchising arrangements in improving coordination between channel members. In particular we focus on two elements of the franchising contract, namely, the royalty structure and the monitoring technology.

We begin with a simple analysis where a manufacturer distributes its product through a retailer and the retail demand is affected by the retail price and Cited by:   Public services in the United Kingdom have been transformed over the past 25 years with the introduction of market-oriented solutions into their provision.

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if you have studied microeconomics, you may recall a concept called "moral hazard." moral hazard occurs when an economic agent is incentivized to take risks because some (or all) of the losses that might result will be borne by other economic agents.

How might federal deposit insurance, as administered by the FDIC, lead to moral hazard. Rationing in the General Theory of Optimal Contracts under Moral Hazard.- Optimal Finance Contracts and Rationing in a Model of Double Moral Hazard.- Rationing and the Individual Rationality Constraint in a Parameterized Principal-Agent Problem.- Appendix: Sufficiency of the First-Order-Condition Approach.- References While the proponents of the DAO point to its decentralized nature, the structure of the DAO itself was projected to make use of “curators” and “contractors.” Curators were to control the addition of smart contracts, or project proposals, to the DAO by contractors, who would complete the approved project proposals in exchange for.

Double-trigger contracts differ from ordinary reinsurance contracts. The potential coverage from a double-trigger contract depends on both actuarial risk development and financial risk development.

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