Three Essays on Empirical Applications of Contract Theory

Three Essays on Empirical Applications of Contract Theory PDF Author: Hsin-Yu Tseng
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 262

Get Book Here

Book Description

Three Essays on Empirical Applications of Contract Theory

Three Essays on Empirical Applications of Contract Theory PDF Author: Hsin-Yu Tseng
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 262

Get Book Here

Book Description


Risky Business

Risky Business PDF Author: Liran Einav
Publisher: Yale University Press
ISBN: 0300253435
Category : Political Science
Languages : en
Pages : 280

Get Book Here

Book Description
An engaging and accessible examination of what ails insurance markets--and what to do about it--by three leading economists "The authors . . . do a masterful job of explaining the intractable complexities created by this socially vital activity."--Martin Wolf, Financial Times, "Best Books of 2022: Economics" Why is dental insurance so crummy? Why is pet insurance so expensive? Why does your auto insurer ask for your credit score? The answer to these questions lies in understanding how insurance works. Unlike the market for other goods and services--for instance, a grocer who doesn't care who buys the store's broccoli or carrots--insurance providers are more careful in choosing their customers, because some are more expensive than others. Unraveling the mysteries of insurance markets, Liran Einav, Amy Finkelstein, and Ray Fisman explore such issues as why insurers want to know so much about us and whether we should let them obtain this information; why insurance entrepreneurs often fail (and some tricks that may help them succeed); and whether we'd be better off with government-mandated health insurance instead of letting businesses, customers, and markets decide who gets coverage and at what price. With insurance at the center of divisive debates about privacy, equity, and the appropriate role of government, this book offers clear explanations for some of the critical business and policy issues you've often wondered about, as well as for others you haven't yet considered.

The Theory of Money and Financial Institutions

The Theory of Money and Financial Institutions PDF Author: Martin Shubik
Publisher: MIT Press
ISBN: 9780262693110
Category : Business & Economics
Languages : en
Pages : 472

Get Book Here

Book Description
This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.

Economic Analysis of Suicide Prevention

Economic Analysis of Suicide Prevention PDF Author: Yasuyuki Sawada
Publisher: Springer
ISBN: 9811015007
Category : Political Science
Languages : en
Pages : 212

Get Book Here

Book Description
This book examines the causes and consequences of suicide from the perspective of economics. The approach here differs from those in medical, psychiatric, epidemiological, and sociological studies of suicide and is thus novel in a way that highlights the importance of economic and institutional settings in the problem of suicide. The authors argue that suicide imposes a tremendous economic cost on contemporary society in a variety of ways, requiring the government to develop an effective prevention strategy. An empirical analysis using data from Japan and other developed countries shows that natural disasters and economic crises increase suicide rates, while liberal government policies favorable to the poor can decrease them. Further, the types of effective prevention strategies in the context of railway/subway suicides, celebrity suicides, public awareness campaigns, and education using data primarily from Japan are revealed. This book ultimately contributes to an understanding of suicides and the development of evidence-based policy proposals. The Japanese version of this book won the 56th Nikkei Prize for Economics Books (Nikkei Keizai Tosho Bunka Award) in 2013. Yasuyuki Sawada is Chief Economist of the Asian Development Bank and Professor of Economics at The University of Tokyo. Michiko Ueda is Associate Professor in the Faculty of Political Science and Economics at Waseda University. Tetsuya Matsubayashi is Associate Professor of Osaka School of International Public Policy (OSIPP) at Osaka University.

Three essays on venture capital contracting

Three essays on venture capital contracting PDF Author: Ibolya Schindele
Publisher: Rozenberg Publishers
ISBN: 9051709471
Category : Contracts
Languages : en
Pages : 181

Get Book Here

Book Description


Three Essays on the Times and Work of Tomás de Mercado

Three Essays on the Times and Work of Tomás de Mercado PDF Author: Francisco Gómez Camacho
Publisher: Ediciones Universidad de Salamanca
ISBN: 8490129002
Category : Political Science
Languages : en
Pages : 76

Get Book Here

Book Description
The purpose of this edition is to provide an English translation of three essays about Tomás de Mercado’s book, Deals and Contracts of Merchants and Traders. This translation has been made from the 1569 edition of the book published in Salamanca. The book was later the object of new editions and it was expanded by two more chapters, with an Italian translation appearing in 1571. However, an English edition had never been made before. The 1569 edition is composed of four Books: the first dedicated to merchants and their contracts, the second to currency and loans, the third to usury and the fourth to the question of the obligation of restitution when a reprehensible action is committed.

Annals of the Giannini Foundation of Agricultural Economics

Annals of the Giannini Foundation of Agricultural Economics PDF Author: Giannini Foundation of Agricultural Economics
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 42

Get Book Here

Book Description


Three Essays in Asset Pricing Theory

Three Essays in Asset Pricing Theory PDF Author: Lionel Martellini
Publisher:
ISBN:
Category :
Languages : en
Pages : 390

Get Book Here

Book Description


Contract Theory

Contract Theory PDF Author: Patrick Bolton
Publisher: MIT Press
ISBN: 9780262025768
Category : Business & Economics
Languages : en
Pages : 746

Get Book Here

Book Description
A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.

Three Essays on Procurement Under Bargaining and Asymmetric Information

Three Essays on Procurement Under Bargaining and Asymmetric Information PDF Author: Dimitrios Kostamis
Publisher:
ISBN:
Category :
Languages : en
Pages : 318

Get Book Here

Book Description