Adverse selection analysis for profit and loss sharing contracts
Purpose – The purpose of this paper is to determine the optimal profit-and-loss sharing (PLS)-based contract when market frictions occur. Design/methodology/approach – This paper opts for an adverse selection analysis and Monte Carlo simulation to assess the less risky contract for the principa...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English English English |
| Published: |
Emerald Publishing
2019
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/77572/ http://irep.iium.edu.my/77572/ http://irep.iium.edu.my/77572/1/77572_Adverse%20selection%20analysis.pdf http://irep.iium.edu.my/77572/2/77572_Adverse%20selection%20analysis_WOS.pdf http://irep.iium.edu.my/77572/13/77572_Adverse%20selection%20analysis%20for%20profit%20and%20loss%20sharing%20contracts_Scopus.pdf |
Internet
http://irep.iium.edu.my/77572/http://irep.iium.edu.my/77572/
http://irep.iium.edu.my/77572/1/77572_Adverse%20selection%20analysis.pdf
http://irep.iium.edu.my/77572/2/77572_Adverse%20selection%20analysis_WOS.pdf
http://irep.iium.edu.my/77572/13/77572_Adverse%20selection%20analysis%20for%20profit%20and%20loss%20sharing%20contracts_Scopus.pdf