https://market.subwiki.org/w/index.php?action=history&feed=atom&title=Principal-agent_problem 2026-05-06T14:02:57Z Revision history for this page on the wiki MediaWiki 1.41.2 https://market.subwiki.org/w/index.php?title=Principal-agent_problem&diff=581&oldid=prev 2011-05-07T15:30:02Z

<p>Created page with &quot;==Definition== The &#039;&#039;&#039;principal-agent problem&#039;&#039;&#039; refers to the problems that arise when a principal hires an agent to perform some tasks for the principal, where the problems ar...&quot;</p> <p><b>New page</b></p><div>==Definition==<br /> <br /> The &#039;&#039;&#039;principal-agent problem&#039;&#039;&#039; refers to the problems that arise when a principal hires an agent to perform some tasks for the principal, where the problems arise from the lack of alignment between the information, interests, and incentives of the principal and agent, and the difficulty of the principal monitoring the agent.<br /> <br /> The phenomenon of [[moral hazard]] is closely related to the principal-agent problem and can be viewed as an example of it.</div>

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