The tradeoff between knowledge of mandated benefits and moral hazard.
When workers are not aware of a mandated benefit, they cannot take it into account in their employment decision, leading to deadweight loss. On the other hand, lack of awareness of a benefit reduces moral hazard, decreasing deadweight loss. I incorporate these trade‐offs into a model of mandated ben...
| Publicado en: | Southern Economic Journal Vol. 88; no. 3; pp. 1037 - 1065 |
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| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jan2022
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |