Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Title "Evidence on the relationship between incentives and exogenous risk"

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    • Evidence on the relationship between incentives and exogenous risk 

      Braido, Luís Henrique Bertolino
      2002-09-26
      Theoretical models on moral hazard provide competing predictions on the incentive-risk relationship. These predictions are derived under the assumptions of homogeneous agents and exogenous risk. However, the existing ...