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Moral hazard, monitoring costs, and optimal government intervention

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Publication:1915787
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DOI10.1007/BF00353332zbMath0848.90039OpenAlexW2032698365MaRDI QIDQ1915787

Neil Bruce, Kar-Yiu Wong

Publication date: 24 October 1996

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/bf00353332


zbMATH Keywords

insurancemoral hazardgovernment interventiongovernment regulationconsumption of risk-influencing goodsmonitor costs


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)





Cites Work

  • On normal hazard in general equilibrium theory
  • Pareto Optima and Competitive Equilibria with Adverse Selection and Moral Hazard
  • Effective Policy Tools and Quantity Controls
  • A Competitive Efficiency Wage Model with Keynesian Features
  • On Moral Hazard and Insurance




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