Adverse selection analysis for profit and loss sharing contracts

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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...

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Bibliographic Details
Main Authors:	Ajmi, Hechem, Abd Aziz, Hassanuddeen, Kassim, Salina, Mansour, Walid
Format:	Article
Language:	English English English
Published:	Emerald Publishing 2019
Subjects:	HG Finance
Online Access:	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

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