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:: Volume 13, Issue 4 (2-2019) ::
2019, 13(4): 22-29 Back to browse issues page
Relationship between Property Rights and Moral Hazard
Abstract:   (2745 Views)
Background: Guarantee of property rights increases economic freedom and prevent moral ‎hazards in the community. In order to achieve development‏, it is seriously felt paying attention ‎to restoration and preparation of necessary substrates including justice system and economic ‎which leads from lack of economic ethics‏.‏‎ The purpose of this study is to investigate the ‎relationship between moral hazard and property rights.‎
Method: The research method is descriptive -correlation. The statistical population of the ‎study consists of all countries with a ranking of property rights; Iran was selected as an ‎example during the period of 2008-2016 through targeted non-random sampling. ‎Measurement tool‏ ‏was data from the international property rights organization and the ‎international transparency institute. Data were analyzed by the Levenberg-Markardt ‎method, Bayesian and conjugate gradient networks and neural network analysis of perceptron ‎and artificial intelligence.‎
Results: The fitting of a research model‏ ‏has been approved that the relationship between ‎moral hazard and property rights‏.‏‎ Also, using sensitivity analysis, intellectual property rights, ‎legal and political environment, and physical property rights respectively have the greatest ‎impact on moral hazard.‎
Conclusion: When property rights are guaranteed to create a framework in society which ‎ensures the people property, in these circumstances, any factor that is theoretically cause the ‎individual property rights should be violated or that the expectation of people affected by the ‎decline in confidence reduce to the economic activity of desire to contract may interpreted ‎considered to violate property rights and cause moral hazard and risk taking on the increase
Keywords: Neural network, Property rights, Moral hazard
Full-Text [PDF 249 kb]   (1073 Downloads)    
Type of Study: Research | Subject: Special
Received: 2019/02/19 | Accepted: 2019/02/19 | Published: 2019/02/19
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Relationship between Property Rights and Moral Hazard. Ethics in Science and Technology 2019; 13 (4) :22-29
URL: http://ethicsjournal.ir/article-1-1258-en.html


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Volume 13, Issue 4 (2-2019) Back to browse issues page
فصلنامه اخلاق در علوم و فناوری Ethics in Science and Technology
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