Risk Sharing, Risk Spreading and Efficient Regulation

• Κύριος συγγραφέας: Rao, T.V.S. Ramamohan (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: New Delhi : Springer India : Imprint: Springer, 2016.
• Έκδοση: 1st ed. 2016.
• Θέματα: Finance.; Microeconomics.; Industrial organization.; Macroeconomics.; Economic policy.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; R & D/Technology Policy.; Finance, general.; Industrial Organization.

The book provides an integrated approach to risk sharing, risk spreading and efficient regulation through principal agent models. It emphasizes the role of information asymmetry and risk sharing in contracts as an alternative to transaction cost considerations.  It examines how contracting, as an in...