Matches in SemOpenAlex for { <https://semopenalex.org/work/W2605355196> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W2605355196 abstract "Abstract In a risk transfer and shifting financial systems, an interest rate based debt contract is an “impossible contract,” since, under the axioms of conventional economics, the borrower has an incentive not to repay the loan. Such impossible contract is made possible by creating a virtual world of certainty through mechanisms such as collateral requirements and an edifice of legal, administrative, policy incentive mechanisms that include positive and negative enforcements that protect the creditor. The society has to bear huge costs to make them possible. Risk sharing has the potential to enhance efficiency as each party to contracts has “skin-in-the-game”, thus eliminating or minimizing the principal-agent problem. Participants in a contract of an economic undertaking can choose higher risk-higher return projects thus increase the efficiency and productivity of the system. It can also create a reciprocal and trusting environment that strengthens social cohesion, promotes social mobility and reduces income inequality without perverse incentive effects." @default.
- W2605355196 created "2017-04-14" @default.
- W2605355196 creator A5011392684 @default.
- W2605355196 creator A5037622980 @default.
- W2605355196 creator A5039562597 @default.
- W2605355196 creator A5045583921 @default.
- W2605355196 date "2017-10-01" @default.
- W2605355196 modified "2023-09-27" @default.
- W2605355196 title "Is the regime of risk transfer sustainable? Impossible contract and inequality" @default.
- W2605355196 cites W1513572382 @default.
- W2605355196 cites W1550411584 @default.
- W2605355196 cites W1976684645 @default.
- W2605355196 cites W2006081829 @default.
- W2605355196 cites W2025611071 @default.
- W2605355196 cites W2043787485 @default.
- W2605355196 cites W2132422417 @default.
- W2605355196 cites W2163883196 @default.
- W2605355196 cites W2572416346 @default.
- W2605355196 cites W2798534167 @default.
- W2605355196 cites W3121238485 @default.
- W2605355196 cites W3122460865 @default.
- W2605355196 cites W3123711457 @default.
- W2605355196 cites W3124873306 @default.
- W2605355196 cites W3149376786 @default.
- W2605355196 cites W610677781 @default.
- W2605355196 cites W2590617161 @default.
- W2605355196 doi "https://doi.org/10.1016/j.ribaf.2017.04.001" @default.
- W2605355196 hasPublicationYear "2017" @default.
- W2605355196 type Work @default.
- W2605355196 sameAs 2605355196 @default.
- W2605355196 citedByCount "2" @default.
- W2605355196 countsByYear W26053551962018 @default.
- W2605355196 countsByYear W26053551962019 @default.
- W2605355196 crossrefType "journal-article" @default.
- W2605355196 hasAuthorship W2605355196A5011392684 @default.
- W2605355196 hasAuthorship W2605355196A5037622980 @default.
- W2605355196 hasAuthorship W2605355196A5039562597 @default.
- W2605355196 hasAuthorship W2605355196A5045583921 @default.
- W2605355196 hasConcept C10138342 @default.
- W2605355196 hasConcept C120527767 @default.
- W2605355196 hasConcept C144133560 @default.
- W2605355196 hasConcept C159091798 @default.
- W2605355196 hasConcept C162324750 @default.
- W2605355196 hasConcept C175444787 @default.
- W2605355196 hasConcept C2777764128 @default.
- W2605355196 hasConcept C2777910564 @default.
- W2605355196 hasConcept C29122968 @default.
- W2605355196 hasConceptScore W2605355196C10138342 @default.
- W2605355196 hasConceptScore W2605355196C120527767 @default.
- W2605355196 hasConceptScore W2605355196C144133560 @default.
- W2605355196 hasConceptScore W2605355196C159091798 @default.
- W2605355196 hasConceptScore W2605355196C162324750 @default.
- W2605355196 hasConceptScore W2605355196C175444787 @default.
- W2605355196 hasConceptScore W2605355196C2777764128 @default.
- W2605355196 hasConceptScore W2605355196C2777910564 @default.
- W2605355196 hasConceptScore W2605355196C29122968 @default.
- W2605355196 hasLocation W26053551961 @default.
- W2605355196 hasOpenAccess W2605355196 @default.
- W2605355196 hasPrimaryLocation W26053551961 @default.
- W2605355196 hasRelatedWork W1526241301 @default.
- W2605355196 hasRelatedWork W1561973620 @default.
- W2605355196 hasRelatedWork W1732718652 @default.
- W2605355196 hasRelatedWork W1754722725 @default.
- W2605355196 hasRelatedWork W1781931143 @default.
- W2605355196 hasRelatedWork W1985014537 @default.
- W2605355196 hasRelatedWork W2061884458 @default.
- W2605355196 hasRelatedWork W2069588590 @default.
- W2605355196 hasRelatedWork W2124103770 @default.
- W2605355196 hasRelatedWork W2145191317 @default.
- W2605355196 hasRelatedWork W2164825497 @default.
- W2605355196 hasRelatedWork W2374098595 @default.
- W2605355196 hasRelatedWork W2768171704 @default.
- W2605355196 hasRelatedWork W2772033537 @default.
- W2605355196 hasRelatedWork W284783314 @default.
- W2605355196 hasRelatedWork W3121308195 @default.
- W2605355196 hasRelatedWork W3122173731 @default.
- W2605355196 hasRelatedWork W3122541453 @default.
- W2605355196 hasRelatedWork W3123777101 @default.
- W2605355196 hasRelatedWork W3148915910 @default.
- W2605355196 isParatext "false" @default.
- W2605355196 isRetracted "false" @default.
- W2605355196 magId "2605355196" @default.
- W2605355196 workType "article" @default.