Informal Risk Sharing with Local Information
Informal Risk Sharing with Local Information
About this item
Full title
Author / Creator
Publisher
Oxford University Press
Journal title
Language
English
Formats
Publication information
Publisher
Oxford University Press
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Scope and Contents
Contents
Abstract
This article considers the effect of contracting limitations in risk-sharing networks, arising for example from observability, verifiability, complexity, or cultural constraints. We derive necessary and sufficient conditions for Pareto efficiency under these constraints in a general setting, and we provide an explicit characterization o...
Alternative Titles
Full title
Informal Risk Sharing with Local Information
Authors, Artists and Contributors
Author / Creator
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Record Identifier
TN_cdi_crossref_primary_10_1093_restud_rdab091
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_restud_rdab091
Other Identifiers
ISSN
0034-6527
E-ISSN
1467-937X
DOI
10.1093/restud/rdab091