Essec\Faculty\Model\Contribution {#2216
  #_index: "academ_contributions"
  #_id: "2508"
  #_source: array:26 [
    "id" => "2508"
    "slug" => "stability-and-growth-pact-ii-incentives-and-moral-hazard"
    "yearMonth" => "2007-03"
    "year" => "2007"
    "title" => "Stability and Growth Pact II: Incentives and Moral Hazard"
    "description" => "FOURÇANS, A. et WARIN, T. (2007). Stability and Growth Pact II: Incentives and Moral Hazard. <i>Journal of Economic Policy Reform</i>, pp. 51-62."
    "authors" => array:2 [
      0 => array:3 [
        "name" => "FOURÇANS André"
        "bid" => "B00000199"
        "slug" => "fourcans-andre"
      ]
      1 => array:1 [
        "name" => "WARIN T."
      ]
    ]
    "ouvrage" => ""
    "keywords" => array:1 [
      0 => "Pacte de stabilité et de croissance"
    ]
    "updatedAt" => "2023-03-04 01:00:36"
    "publicationUrl" => null
    "publicationInfo" => array:3 [
      "pages" => "51-62"
      "volume" => ""
      "number" => ""
    ]
    "type" => array:2 [
      "fr" => "Articles"
      "en" => "Journal articles"
    ]
    "support_type" => array:2 [
      "fr" => "Revue scientifique"
      "en" => "Scientific journal"
    ]
    "countries" => array:2 [
      "fr" => null
      "en" => null
    ]
    "abstract" => array:2 [
      "fr" => "Le Pacte de Stabilité et de Croissance a été modifié le 20 mars 2005. Dans cette nouvelle version l'aspect "prévention" est renforcé mais l'aspect "dissuasion" est lui davantage relâché. Le modèle de théorie des jeux avec hasard moral que nous développons implique que les pays auront davantage tendance à jouer du hasard moral, et donc à être moins enclin à respecter le Pacte."
      "en" => "The European Stability and Growth Pact (SGP) was amended on 20 March 2005. In the new institutional design, the preventive part is tighter, but the dissuasive part is laxer. Using a game theoretical approach with moral hazard, we find that the new design does not prevent countries from engaging in moral hazard behaviours and countries will thus be less inclined to abide by the SGP."
    ]
    "authors_fields" => array:2 [
      "fr" => "Economie"
      "en" => "Economics"
    ]
    "indexedAt" => "2024-12-22T06:21:45.000Z"
    "docTitle" => "Stability and Growth Pact II: Incentives and Moral Hazard"
    "docSurtitle" => "Journal articles"
    "authorNames" => "<a href="/cv/fourcans-andre">FOURÇANS André</a>, WARIN T."
    "docDescription" => "<span class="document-property-authors">FOURÇANS André, WARIN T.</span><br><span class="document-property-authors_fields">Economics</span> | <span class="document-property-year">2007</span>"
    "keywordList" => "<a href="#">Pacte de stabilité et de croissance</a>"
    "docPreview" => "<b>Stability and Growth Pact II: Incentives and Moral Hazard</b><br><span>2007-03 | Journal articles </span>"
    "docType" => "research"
    "publicationLink" => "<a href="#" target="_blank">Stability and Growth Pact II: Incentives and Moral Hazard</a>"
  ]
  +lang: "en"
  +"_type": "_doc"
  +"_score": 8.966398
  +"parent": null
}