What is The Principal-Agent Problem?
Discover the principal-agent problem and how it affects decision-making in business and everyday life. Learn to identify misaligned incentives and take control.
Discover the principal-agent problem and how it affects decision-making in business and everyday life. Learn to identify misaligned incentives and take control.
Discover the market for lemons problem, a concept explaining how information asymmetry affects markets. Learn its causes and implications in our ultimate guide.