๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Regulatory Monitoring, Closure Costs and Bank Moral Hazard Behavior

โœ Scribed by Sumon C. Mazumdar


Book ID
110256679
Publisher
Springer US
Year
1997
Tongue
English
Weight
1020 KB
Volume
12
Category
Article
ISSN
0922-680X

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Moral hazard, monitoring costs, and opti
โœ Neil Bruce; Kar-Yiu Wong ๐Ÿ“‚ Article ๐Ÿ“… 1996 ๐Ÿ› Springer ๐ŸŒ English โš– 879 KB

When insurance firms can monitor with non-prohibitive costs the consumption of risk-influencing goods by an insured they have incentives to tax-subsidize the insured's consumption of the goods. If the government cannot monitor at a lower cost than private insurers, intervention is neither needed nor