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The Impact of Other-Regarding Preferences on Moral Hazard and Adverse Selection

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  • Daske, Thomas

Abstract

This dissertation explores the role of other-regarding preferences in the form of altruism, spite, or status considerations in the resolution of adverse selection and moral hazard. Two chapters reflect upon the implications of asymmetric information on other-regarding preferences for incentive mechanism design in general and human resource management in specific. A third chapter reflects upon how moral hazard in the presence of other-regarding preferences may generate and shape people’s ethical convictions regarding their abidance by social norms and formal law. Implications for public economic policy are drawn.

Suggested Citation

  • Daske, Thomas, 2017. "The Impact of Other-Regarding Preferences on Moral Hazard and Adverse Selection," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 172508, March.
    • Handle: RePEc:zbw:esthes:172508
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    References listed on IDEAS

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    1. Tran, Anh & Zeckhauser, Richard, 2012. "Rank as an inherent incentive: Evidence from a field experiment," Journal of Public Economics, Elsevier, vol. 96(9-10), pages 645-650.
    2. Bruce A. Weinberg, 2001. "An Incentive Model of the Effect of Parental Income on Children," Journal of Political Economy, University of Chicago Press, vol. 109(2), pages 266-280, April.
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