Social Insurance, Information Revelation, and Lack of Commitment
收藏NBER2014-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20633
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资源简介：
We study the optimal provision of insurance against unobservable idiosyncratic shocks in a setting in which a benevolent government cannot commit. A continuum of agents and the government play an infinitely repeated game. Actions of the government are constrained only by the threat of reverting to
提供机构：
美国国家经济研究局
创建时间：
2014-11-01
