DOUBLE ORAL AUCTIONS AND TENDENCIES TOWARD MORAL HAZARD
Moral hazard can be found almost in all fields of human activities. Moral hazard is a change of economic agent´s behaviour when circumstances change. Theoretical background of moral hazard issue in economics dates back to 1970s. Recognition of moral hazard started by published studies of Pauly (Pau...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | deu |
| Published: |
University of Oradea
2012-12-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2012/n2/029.pdf |