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Other Fields Homework Help Economics Topic started by: Llanis on Oct 19, 2017



Title: Moral hazard occurs when contracts are written in such a way that
Post by: Llanis on Oct 19, 2017
Moral hazard occurs when contracts are written in such a way that
A) the interests of agent and principal converge.
B) the interests of agent and principal diverge.
C) agents will wish to maximize the principal's utility.
D) production and risk-bearing efficiency are achieved.


Title: Re: Moral hazard occurs when contracts are written in such a way that
Post by: LBCea on Oct 19, 2017
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