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~isPartOf:"Journal of banking & finance"
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Mechanism design with
moral
hazard
Kwon, Suehyun
-
2017
This paper studies dynamic mechanism design in the presence of
moral
hazard
. Revelation principle extends to models … with
moral
hazard
for both full commitment and limited commitment, but I also identify environments in which the principal …
Persistent link: https://www.econbiz.de/10011717264
Saved in:
2
Adverse selection and
moral
hazard
with multidimensional types
Kwon, Suehyun
-
2017
-
First draft: March 1, 2017
leads to a two-dimensional screening problem with
moral
hazard
. There is a natural one-dimensional ordering of types when … there is both adverse selection and
moral
hazard
. Regardless of the number of types, an optimal menu of contracts either …
Persistent link: https://www.econbiz.de/10011718471
Saved in:
3
General equilibrium with contracts
Kwon, Suehyun
-
2016
worker are matched, there is a standard
moral
hazard
problem. However, the firm's profit depends on the price of the good the …
Persistent link: https://www.econbiz.de/10011580675
Saved in:
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