Aggregate and Idiosyncratic Risk and the Behavior of Individual Preferences under Moral Hazard
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More about this item
Keywords
moral hazard; disutility of effort; incomplete contract; meanvariance tradeoff;All these keywords.
JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- E0 - Macroeconomics and Monetary Economics - - General
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CFN-2004-03-07 (Corporate Finance)
- NEP-MIC-2004-03-07 (Microeconomics)
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