Showing 1 - 10 of 59,450
Persistent link: https://www.econbiz.de/10010388068
We study an economy with competitive commodity markets and exclusive pairwise contractual relations with moral hazard, where both the principal and the agent can be risk averse. We show existence of equilibria and their generic constrained suboptimality, by means of a change in the compensation...
Persistent link: https://www.econbiz.de/10005011599
We study an economy with competitive commodity markets and exclusive pairwise contractual relations with moral hazard, where both the principal and the agent can be risk averse. We show existence of equilibria and their generic constrained suboptimality, by means of a change in the compensation...
Persistent link: https://www.econbiz.de/10005030165
Persistent link: https://www.econbiz.de/10011666182
eingeschränkten Pareto Ineffizienz von Gleichgewichten in GEI. … Pareto ineffciency of equilibria in GEI. …
Persistent link: https://www.econbiz.de/10011411973
Persistent link: https://www.econbiz.de/10013460077
In this article we analyse the feasibility of a bail-in for Spain. After a detailed analysis of the origins of the Spanish banking crisis and the government’s response in the form of a bail-out by taxpayers in 2012, we investigate whether a bail-in would have been feasible instead. The bail-in...
Persistent link: https://www.econbiz.de/10010466911
Persistent link: https://www.econbiz.de/10012177667
Regression in predicting the bankruptcy of firms and that the same predictive power of ascertaining bankruptcy improves when a … had caused ambiguity. A significant factor that has increased the probability of bankruptcy in recent times has been the … Regression in predicting the bankruptcy of firms and that the same predictive power of ascertaining bankruptcy improves when a …
Persistent link: https://www.econbiz.de/10014500824
Persistent link: https://www.econbiz.de/10012149349