Moral Hazard and Observability Bengt Hölmstrom The Bell Journal of Economics, Vol. 10, No. 1. (Spring, 1979), pp. 74-91. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197921%2910%3A1%3C74%3AMHAO%3E2.0.CO%3B2-Q The Bell Journal of Economics is currently published by The RAND Corporation. Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http://www.jstor.org/journals/rand.html. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. The JSTOR Archive is a trusted digital repository providing for long-term preservation and access to leading academic journals and scholarly literature from around the world. The Archive is supported by libraries, scholarly societies, publishers, and foundations. It is an initiative of JSTOR, a not-for-profit organization with a mission to help the scholarly community take advantage of advances in technology. For more information regarding JSTOR, please contact [email protected]. http://www.jstor.org Thu Nov 15 03:46:31 2007 http://www.jstor.org LINKED CITATIONS - Page 1 of 5 - You have printed the following article: Moral Hazard and Observability Bengt Hölmstrom The Bell Journal of Economics, Vol. 10, No. 1. (Spring, 1979), pp. 74-91. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197921%2910%3A1%3C74%3AMHAO%3E2.0.CO%3B2-Q This article references the following linked citations. If you are trying to access articles from an off-campus location, you may be required to first logon via your library web site to access JSTOR. Please visit your library's website or contact a librarian to learn about options for remote access to JSTOR. [Footnotes] 1 Overinsurance and Public Provision of Insurance: The Roles of Moral Hazard and Adverse Selection Mark V. Pauly The Quarterly Journal of Economics, Vol. 88, No. 1. (Feb., 1974), pp. 44-62. Stable URL: http://links.jstor.org/sici?sici=0033-5533%28197402%2988%3A1%3C44%3AOAPPOI%3E2.0.CO%3B2-V 1 Insurance, Information, and Individual Action Michael Spence; Richard Zeckhauser The American Economic Review, Vol. 61, No. 2, Papers and Proceedings of the Eighty-Third Annual Meeting of the American Economic Association. (May, 1971), pp. 380-387. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197105%2961%3A2%3C380%3AIIAIA%3E2.0.CO%3B2-X 2 The Economic Theory of Agency: The Principal's Problem Stephen A. Ross The American Economic Review, Vol. 63, No. 2, Papers and Proceedings of the Eighty-fifth Annual Meeting of the American Economic Association. (May, 1973), pp. 134-139. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197305%2963%3A2%3C134%3ATETOAT%3E2.0.CO%3B2-D NOTE: The reference numbering from the original has been maintained in this citation list. http://www.jstor.org LINKED CITATIONS - Page 2 of 5 - 2 The Optimal Structure of Incentives and Authority within an Organization James A. Mirrlees The Bell Journal of Economics, Vol. 7, No. 1. (Spring, 1976), pp. 105-131. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197621%297%3A1%3C105%3ATOSOIA%3E2.0.CO%3B2-S 7 Insurance, Information, and Individual Action Michael Spence; Richard Zeckhauser The American Economic Review, Vol. 61, No. 2, Papers and Proceedings of the Eighty-Third Annual Meeting of the American Economic Association. (May, 1971), pp. 380-387. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197105%2961%3A2%3C380%3AIIAIA%3E2.0.CO%3B2-X 11 Insurance, Information, and Individual Action Michael Spence; Richard Zeckhauser The American Economic Review, Vol. 61, No. 2, Papers and Proceedings of the Eighty-Third Annual Meeting of the American Economic Association. (May, 1971), pp. 380-387. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197105%2961%3A2%3C380%3AIIAIA%3E2.0.CO%3B2-X 11 The Economic Theory of Agency: The Principal's Problem Stephen A. Ross The American Economic Review, Vol. 63, No. 2, Papers and Proceedings of the Eighty-fifth Annual Meeting of the American Economic Association. (May, 1973), pp. 134-139. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197305%2963%3A2%3C134%3ATETOAT%3E2.0.CO%3B2-D 12 The Optimal Structure of Incentives and Authority within an Organization James A. Mirrlees The Bell Journal of Economics, Vol. 7, No. 1. (Spring, 1976), pp. 105-131. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197621%297%3A1%3C105%3ATOSOIA%3E2.0.CO%3B2-S 24 Economic Incentives in Budgetary Control Systems Joel S. Demski; Gerald A. Feltham The Accounting Review, Vol. 53, No. 2. (Apr., 1978), pp. 336-359. Stable URL: http://links.jstor.org/sici?sici=0001-4826%28197804%2953%3A2%3C336%3AEIIBCS%3E2.0.CO%3B2-3 NOTE: The reference numbering from the original has been maintained in this citation list. http://www.jstor.org LINKED CITATIONS - Page 3 of 5 - References Equilibrium in a Reinsurance Market Karl Borch Econometrica, Vol. 30, No. 3. (Jul., 1962), pp. 424-444. Stable URL: http://links.jstor.org/sici?sici=0012-9682%28196207%2930%3A3%3C424%3AEIARM%3E2.0.CO%3B2-F Economic Incentives in Budgetary Control Systems Joel S. Demski; Gerald A. Feltham The Accounting Review, Vol. 53, No. 2. (Apr., 1978), pp. 336-359. Stable URL: http://links.jstor.org/sici?sici=0001-4826%28197804%2953%3A2%3C336%3AEIIBCS%3E2.0.CO%3B2-3 Some Results on Incentive Contracts with Applications to Education and Employment, Health Insurance, and Law Enforcement Milton Harris; Artur Raviv The American Economic Review, Vol. 68, No. 1. (Mar., 1978), pp. 20-30. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197803%2968%3A1%3C20%3ASROICW%3E2.0.CO%3B2-Q The Optimal Structure of Incentives and Authority within an Organization James A. Mirrlees The Bell Journal of Economics, Vol. 7, No. 1. (Spring, 1976), pp. 105-131. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197621%297%3A1%3C105%3ATOSOIA%3E2.0.CO%3B2-S Aspects of Rational Insurance Purchasing Jan Mossin The Journal of Political Economy, Vol. 76, No. 4, Part 1. (Jul. - Aug., 1968), pp. 553-568. Stable URL: http://links.jstor.org/sici?sici=0022-3808%28196807%2F08%2976%3A4%3C553%3AAORIP%3E2.0.CO%3B2-J NOTE: The reference numbering from the original has been maintained in this citation list. http://www.jstor.org LINKED CITATIONS - Page 4 of 5 - Overinsurance and Public Provision of Insurance: The Roles of Moral Hazard and Adverse Selection Mark V. Pauly The Quarterly Journal of Economics, Vol. 88, No. 1. (Feb., 1974), pp. 44-62. Stable URL: http://links.jstor.org/sici?sici=0033-5533%28197402%2988%3A1%3C44%3AOAPPOI%3E2.0.CO%3B2-V The Economic Theory of Agency: The Principal's Problem Stephen A. Ross The American Economic Review, Vol. 63, No. 2, Papers and Proceedings of the Eighty-fifth Annual Meeting of the American Economic Association. (May, 1973), pp. 134-139. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197305%2963%3A2%3C134%3ATETOAT%3E2.0.CO%3B2-D Risk Sharing and Incentives in the Principal and Agent Relationship Steven Shavell The Bell Journal of Economics, Vol. 10, No. 1. (Spring, 1979), pp. 55-73. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197921%2910%3A1%3C55%3ARSAIIT%3E2.0.CO%3B2-H Insurance, Information, and Individual Action Michael Spence; Richard Zeckhauser The American Economic Review, Vol. 61, No. 2, Papers and Proceedings of the Eighty-Third Annual Meeting of the American Economic Association. (May, 1971), pp. 380-387. Stable URL: http://links.jstor.org/sici?sici=0002-8282%28197105%2961%3A2%3C380%3AIIAIA%3E2.0.CO%3B2-X Incentives, Risk , and Information: Notes Towards a Theory of Hierarchy Joseph E. Stiglitz The Bell Journal of Economics, Vol. 6, No. 2. (Autumn, 1975), pp. 552-579. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197523%296%3A2%3C552%3AIR%2CAIN%3E2.0.CO%3B2-8 The New Soviet Incentive Model Martin L. Weitzman The Bell Journal of Economics, Vol. 7, No. 1. (Spring, 1976), pp. 251-257. Stable URL: http://links.jstor.org/sici?sici=0361-915X%28197621%297%3A1%3C251%3ATNSIM%3E2.0.CO%3B2-%23 NOTE: The reference numbering from the original has been maintained in this citation list. http://www.jstor.org LINKED CITATIONS - Page 5 of 5 - The Theory of Syndicates Robert Wilson Econometrica, Vol. 36, No. 1. (Jan., 1968), pp. 119-132. Stable URL: http://links.jstor.org/sici?sici=0012-9682%28196801%2936%3A1%3C119%3ATTOS%3E2.0.CO%3B2-J NOTE: The reference numbering from the original has been maintained in this citation list.
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