What Is the Principal-Agent Problem?

Описание: The principal-agent problem is one that pops up all the time in our daily lives. How have you dealt with asymmetric information in the past?


-----------------------------------------------------------------------------------------

Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8

Dictionary of Economics Course: http://bit.ly/2EWL3vW

Additional practice questions: http://bit.ly/2CngKNn

Ask a question about the video: http://bit.ly/2oyZ9IY

Help translate this video: http://bit.ly/2ov91Ef