MORAL HAZARD AND COOPERATION

被引:5
|
作者
MACHOSTADLER, I [1 ]
PEREZCASTRILLO, JD [1 ]
机构
[1] ECOLE NORM SUPER, ECOLE HAUTES ETUD SCI SOCIALES, CNRS, F-75231 PARIS 05, FRANCE
关键词
D O I
10.1016/0165-1765(91)90097-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
We consider a situation in which a principal hires two agents whose cooperation is profitable from a technical point of view. The characteristics of the optimal contract are strongly dependent on the agents' commitment capacity, that allows them to reach more efficient outcomes. © 1991.
引用
收藏
页码:17 / 20
页数:4
相关论文
共 50 条
  • [1] In defense of lawyers:: Moral hazard as an aid to cooperation
    Wärneryd, K
    GAMES AND ECONOMIC BEHAVIOR, 2000, 33 (01) : 145 - 158
  • [2] MORAL HAZARD WITH SEVERAL AGENTS - THE GAINS FROM COOPERATION
    MACHOSTADLER, I
    PEREZCASTRILLO, JD
    INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION, 1993, 11 (01) : 73 - 100
  • [3] MORAL HAZARD PROBLEM AND COOPERATION WILLINGNESS: SOME EXPERIENCES FROM HUNGARY
    Baranyai, Zsolt
    Gyuricza, Csaba
    Vasa, Laszlo
    ACTUAL PROBLEMS OF ECONOMICS, 2012, (138): : 301 - 310
  • [4] The Hazard of Moral Hazard
    Glassman, James K.
    COMMENTARY, 2009, 128 (02) : 28 - 32
  • [5] Climate cooperation in the shadow of solar geoengineering: an experimental investigation of the moral hazard conjecture
    Cherry, Todd L.
    Kroll, Stephan
    McEvoy, David M.
    Campoverde, David
    Moreno-Cruz, Juan
    ENVIRONMENTAL POLITICS, 2023, 32 (02) : 362 - 370
  • [6] MORAL HAZARD AND OPTIMAL-CONTRACT FORM FOR R-AND-D COOPERATION
    MORASCH, K
    JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 1995, 28 (01) : 63 - 78
  • [7] 'Moral Hazard'
    Krist, G
    HUDSON REVIEW, 2003, 56 (01): : 201 - 207
  • [8] MORAL HAZARD
    GLASSMAN, JK
    NEW REPUBLIC, 1989, 200 (12) : 28 - 29
  • [9] MORAL HAZARD
    MARSHALL, JM
    AMERICAN ECONOMIC REVIEW, 1976, 66 (05): : 880 - 890
  • [10] Moral hazard
    Kellner, T
    Coolidge, C
    FORBES, 2005, 176 (06): : 50 - +