As time went on though, the principal-agent problem manifested itself in each one.
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One of the worst ideas to come out of academia in the last 50 years is the so-called principal-agent problem.
An interesting example of the workings of the principal agent problem perhaps?
To overcome some of what we call the principal agent problem.
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This creates what economists call a principal-agent problem.
In terms preferred by economists, a situation defined by a principal-agent problem (such as you hiring a doctor or car mechanic who gets to both define your problem and figure out what to charge you for fixing it) was replaced by a much simpler employment relationship: would-be hustlers found themselves being turned into professional, generalist managers.
Imagine the reflection on your brand if, after discovering the problem, the agent in the truck were to tell Mrs.
With these examples in mind, and rejecting the notion that college athletes should be compensated by universities, it becomes quite clear that investing in greater preventative measures and increasing the penalties associated with inappropriate athlete-agent conduct are the best ways to minimize the problem.
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Sharon Gless It was Sharon Gless's agent, Ronnie Myre, who decided she had a drink problem.
Given the importance of all kinds of chemicals to industry around the world and the ease with which virtually any fertilizer, pharmaceutical or plastics manufacturing plant can be used, when required, to make a batch of weapons agent, no ban on production can solve or even substantially mitigate the chemical weapons problem.
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