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Adverse Selection and Moral Hazard in Contract Law (German, Paperback)
Loot Price: R767
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Adverse Selection and Moral Hazard in Contract Law (German, Paperback)
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Essay aus dem Jahr 2005 im Fachbereich BWL - Recht, Note: 1,7,
Higher School of Economics Moscow, Russia, Sprache: Deutsch,
Anmerkungen: Legal and economical interpretations of contract,
contract law and contract theory, asymmetric information, adverse
selection and moral hazard. Paper explains negative effects of
adverse selection and moral hazard for the case of transaction
costs and incomplete contracts and describes incentives to avoid
adverse selection and moral hazard, such as signaling and
deductibles as well as indemnity contracts and valued contracts.,
Abstract: Legal and economical interpretations of contract,
contract law and contract theory, asymmetric information, adverse
selection and moral hazard. Paper explains negative effects of
adverse selection and moral hazard for the case of transaction
costs and incomplete contracts and describes incentives to avoid
adverse selection and moral hazard, such as signaling and
deductibles as well as indemnity contracts and valued contracts.
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