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Insurance and Expanding Systemic Risks
16 references·0 citing·33 second hop
Insurance and Expanding Systemic Risks (2003)Insurance and Expanding Systemic RisksEconomic Analysis of Accident Law (1987)Economic Analysis of Accident…The economics of moral hazard: comment (1982)The economics of moral hazard…Strict Liability versus Negligence (1980)Strict Liability versus Negli…An Introduction to Comparative Law (1978)An Introduction to Comparativ…Toward a More General Theory of Regulation (1976)Toward a More General Theory …Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Equilibrium in Competitive In…Theories of Economic Regulation (1974)Theories of Economic Regulati…Overinsurance and Public Provision of Insurance: The Roles of Moral Hazard and Adverse Selection (1974)Overinsurance and Public Prov…Toward an Economic Theory of Liability (1973)Toward an Economic Theory of …An Economic Approach to Legal Procedure and Judicial Administration (1973)An Economic Approach to Legal…Insurance, Information, and Individual Action (1971)Insurance, Information, and I…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Medical insurance: A case study of the tradeoff between risk spreading and appropriate incentives (1970)Medical insurance: A case stu…The Economics of Moral Hazard (1969)The Economics of Moral HazardAspects of the Theory of Risk-Bearing. (1966)Aspects of the Theory of Risk…Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small an…Essays in the Theory of Risk-Bearing. (1972)Job Market Signaling (1973)The Economics of Caste and of the Rat Race and Other Woeful Tales (1976)Health insurance and the demand for medical care: evidence from a randomized experiment. (1987)Liberalization, Moral Hazard in Banking, and Prudential Regulation: Are Capital Requirements Enough? (2000)Signaling in Retrospect and the Informational Structure of Markets (2002)Contractual Provisions, Organizational Structure, and Conflict Control in Insurance Markets (1981)The Rational Nonpurchase of Long-Term-Care Insurance (1990)Chapter 11 The anatomy of health insurance (2000)UNCERTAINTY AND THE WELFARE ECONOMICS OF MEDICAL CARE (2003)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)On the measurement of inequality (1970)Risk Aversion and Incentive Effects (2002)A Theory of Competition Among Pressure Groups for Political Influence (1983)The Regulation of Entry (2000)World Investment Report (2017)The Evolution of Cooperation (1981)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)Deterrence and Uncertain Legal Standards (1986)Handbook of law and economics (2007)Causation and Responsibility (2009)Hierarchies and Bureaucracies: On the Role of Collusion in Organizations (1986)Capital markets research in accounting (2001)Rethinking Bank Regulation: Till Angels Govern (2005)Economic Analysis of Accident Law. (1989)Varieties of Capitalism (2001)The Economic Consequences of Legal Origins (2007)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The arbitrage theory of capital asset pricing (1976)Should employees be subject to fines and imprisonment given the existence of corporate liability? (1993)Game Theory and The Law (1998)The Rise of the Regulatory State (2001)
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References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1976Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information4,984 cited
  • 1964Risk Aversion in the Small and in the Large4,964 cited
  • 1976Toward a More General Theory of Regulation4,771 cited
  • 1966Aspects of the Theory of Risk-Bearing.1,888 cited
  • 1974Theories of Economic Regulation1,535 cited
  • 1978An Introduction to Comparative Law990 cited
  • 1982The economics of moral hazard: comment987 cited
  • 1987Economic Analysis of Accident Law853 cited
  • 1980Strict Liability versus Negligence762 cited
  • 1974Overinsurance and Public Provision of Insurance: The Roles of Moral Hazard and Adverse Selection707 cited
  • 1973An Economic Approach to Legal Procedure and Judicial Administration653 cited
  • 1971Insurance, Information, and Individual Action617 cited
  • 1970Medical insurance: A case study of the tradeoff between risk spreading and appropriate incentives595 cited
  • 1969The Economics of Moral Hazard573 cited
  • 1973Toward an Economic Theory of Liability

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