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Risking Other Peoples Money: Gambling, Limited Liability, and Optimal Incentives. (2012). Tchistyi, Alexei .
In: 2012 Meeting Papers.
RePEc:red:sed012:1091.

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  1. Basak, S., Pavlova, A., and A. Shapiro, 2007, Optimal Asset Allocation and Risk Shifting in Money Management, Review of Financial Studies 20, 1583-1621.

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  7. Makarov, I. and G. Plantin, 2010, Rewarding Trading Skills Without Inducing Gambling, Working Paper, London Business School.

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  9. Ou-Yang, H., 2003, Optimal Contracts in a Continuous-Time Delegated Portfolio Management Problem, Review of Financial Studies 16, 173-208.

  10. Palomino, F. and A. Prat, 2003, Risk Taking and Optimal Contracts for Money Managers, Rand Journal of Economics 34, 113-137.

  11. Ross, S., 2004, Compensation, Incentives, and the Duality of Risk Aversion and Riskiness, Journal of Finance 59, 207-225.

  12. Salanie P., 1997, The Economics of Contracts: A Primer. MIT Press, Cambridge, Mass.
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