Repeated Moral Hazard And Contracts With Memory : The Case of Risk Neutrality

Zitieren

Dateien zu dieser Ressource

Prüfsumme: MD5:69784ab49aa2d7da1fd0bd62a281b49d

OHLENDORF, Susanne, Patrick W. SCHMITZ, 2012. Repeated Moral Hazard And Contracts With Memory : The Case of Risk Neutrality. In: International Economic Review. 53(2), pp. 433-452. ISSN 0020-6598. eISSN 1468-2354. Available under: doi: 10.1111/j.1468-2354.2012.00687.x

@article{Ohlendorf2012Repea-28565, title={Repeated Moral Hazard And Contracts With Memory : The Case of Risk Neutrality}, year={2012}, doi={10.1111/j.1468-2354.2012.00687.x}, number={2}, volume={53}, issn={0020-6598}, journal={International Economic Review}, pages={433--452}, author={Ohlendorf, Susanne and Schmitz, Patrick W.} }

<rdf:RDF xmlns:dcterms="http://purl.org/dc/terms/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:bibo="http://purl.org/ontology/bibo/" xmlns:dspace="http://digital-repositories.org/ontologies/dspace/0.1.0#" xmlns:foaf="http://xmlns.com/foaf/0.1/" xmlns:void="http://rdfs.org/ns/void#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" > <rdf:Description rdf:about="https://kops.uni-konstanz.de/rdf/resource/123456789/28565"> <dcterms:title>Repeated Moral Hazard And Contracts With Memory : The Case of Risk Neutrality</dcterms:title> <dc:contributor>Schmitz, Patrick W.</dc:contributor> <dc:language>eng</dc:language> <dc:rights>deposit-license</dc:rights> <dcterms:rights rdf:resource="http://nbn-resolving.org/urn:nbn:de:bsz:352-20140905103605204-4002607-1"/> <dc:contributor>Ohlendorf, Susanne</dc:contributor> <dspace:hasBitstream rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/28565/2/Ohlendorf_285650.pdf"/> <foaf:homepage rdf:resource="http://localhost:8080/jspui"/> <dcterms:isPartOf rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dc:creator>Schmitz, Patrick W.</dc:creator> <dcterms:available rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2014-08-06T08:11:10Z</dcterms:available> <dcterms:abstract xml:lang="eng">We consider a repeated moral hazard problem, where both the principal and the wealth-constrained agent are risk-neutral. In each of two periods, the agent can exert unobservable effort, leading to success or failure. Incentives provided in the second period act as carrot and stick for the first period, so that the effort level induced in the second period is higher after a first-period success than after a failure. If renegotiation cannot be prevented, the principal may prefer a project with lower returns; i.e., a project may be "too good" to be financed or, similarly, an agent can be "overqualified".</dcterms:abstract> <bibo:uri rdf:resource="http://kops.uni-konstanz.de/handle/123456789/28565"/> <dc:date rdf:datatype="http://www.w3.org/2001/XMLSchema#dateTime">2014-08-06T08:11:10Z</dc:date> <dcterms:bibliographicCitation>International Economic Review ; 53 (2012), 2. - S. 433-452</dcterms:bibliographicCitation> <dcterms:issued>2012</dcterms:issued> <dc:creator>Ohlendorf, Susanne</dc:creator> <void:sparqlEndpoint rdf:resource="http://localhost/fuseki/dspace/sparql"/> <dspace:isPartOfCollection rdf:resource="https://kops.uni-konstanz.de/rdf/resource/123456789/46"/> <dcterms:hasPart rdf:resource="https://kops.uni-konstanz.de/bitstream/123456789/28565/2/Ohlendorf_285650.pdf"/> </rdf:Description> </rdf:RDF>

Dateiabrufe seit 01.10.2014 (Informationen über die Zugriffsstatistik)

Ohlendorf_285650.pdf 194

Das Dokument erscheint in:

KOPS Suche


Stöbern

Mein Benutzerkonto