Moral Hazard and Insurance

I realized after today’s class meeting that there were some (potentially confusing) errors in some of the equations I presented on this topic. In my new one-page (PDF-formatted) teaching note entitled “Moral Hazard and Insurance,” I provide a useful and succinct summary of our analysis in today’s meeting of Finance 4335.

Print Friendly, PDF & Email

Leave a Reply

Your email address will not be published. Required fields are marked *