As a small business owner, it's likely that you routinely employ other people to perform tasks and make decisions on your behalf. Delegating responsibility can take a lot of weight off your shoulders ...

When a principal hires an agent to carry out specific tasks, the hiring is termed a "principal-agent relationship," or simply an "agency relationship." When a conflict of interest between the needs of ...

Explore how the principal-agent problem affects government efficiency, elected officials, and industry interactions, causing ...

This is a preview. Log in through your library . Abstract The principal-agent problem in health care asserts that providers, being the imperfect agents of patients, will act to maximize their profits ...

Discover strategies to resolve agency conflicts in corporations, including monitoring, incentives, and contract design, to ...