Article
Large Risks, Limited Liability, and Dynamic Moral Hazard
Bruno Biais, Thomas Mariotti, Jean-Charles Rochet, and Stéphane Villeneuve
Econometrica
vol. 78, n. 1, January 2010, pp. 73–118
Reference
Bruno Biais, Thomas Mariotti, Jean-Charles Rochet, and Stéphane Villeneuve, “Large Risks, Limited Liability, and Dynamic Moral Hazard”, Econometrica, vol. 78, n. 1, January 2010, pp. 73–118.
JEL codes
- C61: Optimization Techniques • Programming Models • Dynamic Analysis
- D82: Asymmetric and Private Information • Mechanism Design
- D86: Economics of Contract: Theory
- D92: Intertemporal Firm Choice, Investment, Capacity, and Financing
Research partnerships
Risk Management of Large Environmental Risks
Regulation, Liquidity and Solvency Risks
Replaces
Bruno Biais, Thomas Mariotti, Jean-Charles Rochet, and Stéphane Villeneuve, “Large Risks, Limited Liability and Dynamic Moral Hazard”, IDEI Working Paper, n. 472, August 2007, revised September 2009.