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pirex pirex
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Posts: 634
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6 years ago
Many professional sports athletes have incentive clauses in their contracts. These indicate that
A) the team owner has asymmetric information.
B) the athlete might engage in moral hazard, which the team owner wishes to avoid.
C) the athlete might engage in adverse selection, which the team owner wishes to avoid.
D) the athlete has stronger negotiators.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 67 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
Posts: 404
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6 years ago
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pirex Author
wrote...

6 years ago
Thanks for your help!!
bbbbbbbh
wrote...

Yesterday
Good timing, thanks!
terriroberts96
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2 hours ago
Thank you, thank you, thank you!
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