Browsing FGV EPGE - Ensaios Econômicos by Title "A general lagrangian approach for non-concave moral hazard problems"

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    • A general lagrangian approach for non-concave moral hazard problems 

      Araújo, Aloísio Pessoa de; Moreira, Humberto Ataíde
      2000-07-01
      We establish a general Lagrangian for the moral hazard problem which generalizes the well known first order approach (FOA). It requires that besides the multiplier of the first order condition, there exist multipliers for ...

    • A general lagrangian approach for non-concave moral hazard problems 

      Araújo, Aloísio Pessoa de; Moreira, Humberto Ataíde
      2001-06-01
      We establish a general Lagrangian for the moral hazard problem which generalizes the well known first order approach (FOA). It requires that besides the multiplier of the first order condition, there exist multipliers for ...