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Existence and monotonicity of solutions to moral hazard problems

Authors :
Dana, R. A.
Carlier, G.
Source :
The Journal of Mathematical Economics. Nov, 2005, Vol. 41 Issue 7, p826, 18 p.
Publication Year :
2005

Abstract

The existence of solutions to certain moral hazard issues, with limitless upshots is proven. Such concepts as nondecreasing rearrangement and supermodularity are discussed.

Details

Language :
English
ISSN :
03044068
Volume :
41
Issue :
7
Database :
Gale General OneFile
Journal :
The Journal of Mathematical Economics
Publication Type :
Academic Journal
Accession number :
edsgcl.139321662