Randomization with Asymmetric Information
收藏NBER1988-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2507
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资源简介：
It is by now well-known that, in the presence of moral hazard or adverse selection, randomization of insurance premia and benefits may be Pareto efficient. This paper: i) provides a typology of the various forms that randomization may take; ii) derives necessary and/or sufficient conditions for the
提供机构：
美国国家经济研究局
创建时间：
1988-02-01
