Analysis of Moral Risk and Reverse Selection in Tobacco Regulation

DOI

10.2991/seiem-18.2019.40How to use a DOI?

Keywords

Tobacco Industry Regulation; Tobacco Monopoly Bureau (Company); Moral Risk; Reverse Selection

Abstract

Due to the particularity of regulation of tobacco industry, Chinese tobacco monopoly Bureau (Company) is prone to moral hazard and reverse selection under the asymmetric information. This paper analyzes causes and effects of moral hazard and adverse selection through the information economics model, and puts forward targeted policy suggestions to improve efficiency and ensure the stability of tobacco industry.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shen Shen
PY  - 2019/01
DA  - 2019/01
TI  - Analysis of Moral Risk and Reverse Selection in Tobacco Regulation
BT  - Proceedings of the 3rd International Seminar on Education Innovation and Economic Management (SEIEM 2018)
PB  - Atlantis Press
SP  - 157
EP  - 160
SN  - 2352-5398
UR  - https://doi.org/10.2991/seiem-18.2019.40
DO  - 10.2991/seiem-18.2019.40
ID  - Shen2019/01
ER  -