The optimal contract under adverse selection in a moral-hazard model with a risk-averse agent
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More about this item
Keywords
adverse selection; moral hazard; risk aversion; prudence;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CTA-2016-09-18 (Contract Theory and Applications)
- NEP-SOG-2016-09-18 (Sociology of Economics)
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