2 ms·
> ...are paid a percentage of cost Principal agent problem comes to bite us in the ass really hard in many industries where percentage of cost embedded somewhe
by yourapostasy 8y ago
> ...are paid a percentage of cost
Principal agent problem comes to bite us in the ass really hard in many industries where percentage of cost embedded somewhere within the incentive structure raises its head. Real estate, finance, insurance, the list of industries is long.