Sentence examples for double moral hazard from inspiring English sources
We consider a principal who encounters a double moral hazard problem.
Since the effort level exerted by a retailer is often unverifiable, it results in a double moral hazard problem.
The former configuration is preferred to the latter when the double moral hazard problem is severe relative to the multi-task problem.
In general, the principal weighs a multi-task problem (if both tasks delegated) against a double moral hazard problem (if one task retained).
Because professional services are typically characterized by a high degree of transactional uncertainty and a double moral hazard risk, contracts can be essential for the creation of incentives to control the behavior of those involved in the service encounter.
We consider an optimal contract between an entrepreneur and an investor, where the entrepreneur is subject to a double-moral hazard problem (one being the choice of production effort and the other being earnings manipulation).
MORAL HAZARD, by Kate Jennings.
Moral hazard is being avoided.
