9 ms·
This is a quasi-inevitable side issue. Generally, investors eat transaction costs and aren’t party to decisions that affect them. There are related issues in ma
by netcan 9y ago
This is a quasi-inevitable side issue. Generally, investors eat transaction costs and aren’t party to decisions that affect them. There are related issues in many 3-party systems. In medicine, doctors, insurers and other people tend to decide on (prescribe) products and services. The consumer eats the costs (sometimes it’s a 4th party) and decision makers have an incentive to take kickbacks.
The regulator could do stricter rules/policing, for a partial fix.