搜索结果: 1-9 共查到“Adverse Selection”相关记录9条 . 查询时间(0.076 秒)
Adverse Selection in Credit Markets and Regressive Profit Taxation
Adverse Selection Credit Markets Regressive Profit Taxation
2015/7/31
In many countries, taxes on businesses are less progressive than labor income taxes. This paper provides a justification for this pattern based on adverse selection that entrepreneurs face in credit m...
A Game Theoretic Foundation of Competitive Equilibria with Adverse Selection
Insurance Competitive Markets Adverse selection
2015/7/31
We construct a fully specified extensive form game that captures competitive markets with adverse selection. In particular, it allows firms to offer any finite set of contracts, so that cross-subsidiz...
Adverse Selection and Auction Design for Internet Display Advertising
Display Advertising Adverse Selection Auction Design
2015/7/21
We model an online display advertising environment with brand advertisers and betterinformed performance advertisers, and seek an auction mechanism that is strategy-proof, anonymous and insulates bran...
A buyer and seller have the opportunity to exchange an indivisible good at
a prespecified price. Each agent may be imperfectly informed, in an arbitrary
way, about both his own value for the g...
Adverse Selection and Incentives in an Early Retirement Program
retirement incentive program adverse selection layoff threat university
2012/10/22
We evaluate potential determinants of enrollment in an early retirement incentive program for non-tenure-track employees at a large university. Using administrative records on the eligible population ...
Wage Dispersion and Labor Turnover with Adverse Selection
adverse selection on-the-job search wage dispersion sorting
2012/10/24
We consider a model of on-the-job search where firms offer long-term wage contracts to workers of different ability. Firms do not observe worker ability upon hiring but learn it gradually over time. W...
The Importance of Adverse Selection in the Credit Card Market: Evidence from Randomized Trials of Credit Card Solicitations
adverse selection consumer credit credit cards household finance
2011/8/22
Analyzing unique data from multiple large-scale randomized marketing trials of preapproved credit card solicitations by a large financial institution, we find that consumers responding to the lender's...
An Adverse Selection Model of Optimal Unemployment Insurance
unemployment insurance adverse selection moral hazard
2013/10/25
We derive the shape of optimal unemployment insurance (UI) contracts when agents can exert search effort but face different search costs and have private information about their type. We derive a recu...
Hiring and Firing Costs, Adverse Selection and Long-term Unemployment
Adverse selection turnover costs unemployment worker flows discrimination
2013/10/18
In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment are much lower in Europe compared to North America, while employment-to-employmen...