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Altruism,moral hazard,and sharecropping
altruism behavioural economics fixed rent contract moral hazard sharecropping
2017/2/21
The paper provides a new explanation for the emergence of sharecropping in agriculture. Under the principal-agent moral hazard framework, the choice of the agrarian land lease contracts is discussed f...
Market equilibrium of the agricultural product target price insurance and its moral hazard premium
target price agricultural insurance moral hazard premium perspective of institutional economics
2016/6/3
In the study, an expected revenue model was built for the farmers and insurance institutes in China, with the aim of researching the realization conditions of the target price insurance market equilib...
Locally Robust Contracts for Moral Hazard
contract principal-agent problem local robustness worst-case
2015/7/15
We consider a moral hazard problem in which the principal has a slight uncertainty about how the agent’s actions translate into output. An incentive contract
can be made robust against an ǫ amou...
Paying health personnel in the government sector by fee-for-service: a challenge to productivity and quality, and a moral hazard
Human resources Productivity Financial Incentives payment Quality Government Fee-For-Service Moral Hazard
2009/10/15
The Ministry of Public Health has implemented increasingly complex payment
schemes to cope with the internal brain drain situation among certain categories of
health personnel. Non-private-practi...