Adverse Selection and Moral Hazard in Contract Law

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Adverse Selection and Moral Hazard in Contract Law by Nicole Petrick.pdf

Uploaded : 2018/04/25 

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Descriptions : Essay aus dem Jahr im Fachbereich BWL Recht Note Higher School of Economics Moscow Russia Sprache Deutsch 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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