Search Results - subject:"Limited commitment"

Risk-Sharing Networks among Households in Rural Ethiopia

Ayalew, Daniel - Centrum voor Economische Studiën, Faculteit Economie … - 2003

We apply the set-up of limited commitment model to empirically test the role of informal risk-sharing networks using …

Persistent link: https://www.econbiz.de/10005200740

Risk Pooling, Commitment and Information: An experimental test of two fundamental assumptions

Barr, Abigail - The Field Experiments Website - 2003

This paper presents rigorous and direct tests of two assumptions relating to limited commitment and asymmetric … assumptions relating to limited commitment and asymmetric information that underpin current models of risk pooling. A specially …. JEL Classifications: C93; D81; O12. Keywords: Field experiment; Asymmetric information; Limited commitment; Villages …

Persistent link: https://www.econbiz.de/10005432545

Risk-sharing networks among households in rural Ethiopia

Ayalew, Daniel - Centre for the Study of African Economies (CSAE), … - 2003

We apply the set up of limited commitment model to empirically test the role of informal risk-sharing networks using …

Persistent link: https://www.econbiz.de/10009642442

Risk pooling and limited commitment: an experimental analysis

Barr, Abigail - Centre for the Study of African Economies (CSAE), … - 2003

Persistent link: https://www.econbiz.de/10009642466

Risk Pooling, Commitment, and Information: An experimental test of two fundamental assumptions

Barr, Abigail - Department of Economics, Oxford University - 2003

Persistent link: https://www.econbiz.de/10010604858

Risk Sharing Networks among Households in Rural Ethiopia

Ayalew, Daniel - Department of Economics, Oxford University - 2003

We apply the set up of limited commitment model to empirically test the role of informal risk-sharing ntworks using …

Persistent link: https://www.econbiz.de/10010605196

Collateral premia and risk sharing under limited commitment

Kilenthong, Weerachart - In: Economic Theory 46 (2011) 3, pp. 475-501

Persistent link: https://www.econbiz.de/10008925169

The wrong shape of insurance? What cross-sectional distributions tell us about models of consumption-smoothing

Broer, Tobias - C.E.P.R. Discussion Papers - 2011

limited commitment to insurance contracts - replicate similarly well the standard, second-moment measures of insurance … risk-aversion under self-insurance, but are a robust feature of limited commitment. Its "shape of insurance" thus argues …

Persistent link: https://www.econbiz.de/10009385760

Optimal risk sharing and borrowing constraints in a continuous-time model with limited commitment

Grochulski, Borys; Zhang, Yuzhe - In: Journal of Economic Theory 146 (2011) 6, pp. 2356-2388

We study a continuous-time version of the optimal risk-sharing problem with one-sided commitment. In the optimal contract, the agentʼs consumption is a time-invariant, strictly increasing function of a single state variable: the maximal level of the agentʼs income realized to date. We...

Persistent link: https://www.econbiz.de/10011042987

Unemployment Insurance under Moral Hazard and Limited Commitment: Public vs Private Provision

Thomas, Jonathan; Worrall, Tim - Centre for Economic Research, School of Economics and … - 2002

This paper analyses a model of private unemployment insurance under limited commitment and a model of public …

Persistent link: https://www.econbiz.de/10005416718