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It hinders individuals from making purchasing decisions that affect price. Less clarity on the actual price means that it's harder to shop around.
by MathMonkeyMan 2y ago
It hinders individuals from making purchasing decisions that affect price. Less clarity on the actual price means that it's harder to shop around.
- phil21 2y agoI’m convinced nearly every problem in the modern US economy boils down to a principle agent problem in the end.
- namaria 2y agoI think you mean principal
- dragonwriter 2y agoProperly its neither a "principle agent problem" nor a "principal agent problem" but a "principal-agent problem" (that is, the problem is a conflict between the principal and the agent [both nouns] nominally acting on behalf of that principal, not a problem with the principal [adjective] agent [noun].)
- namaria 2y agoThat's still two words and only one was wrong. Hyphenation is not mandatory, there is no formal description of a "problem with the principal [adjective] agent [noun]" to be disambiguated from.