The overconfidence bias of the principal and agent on the would firm ' s common signal quality of increase agency cost and worsen the moral hazard problem.

委托人和代理人在公司信息方面的过度自信偏差都将提高代理成本、恶化道德风险问题。

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Because of the asymmetric information problem, the principal (patient) is unable and without incentive to supervise the agent 's (doctor's) activities from begiming to end.

由于信息不对称，委托人（病人）自始至终无法也没有激励机制去监督代理人（医生）行为。

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Sharon Gless It was Sharon Gless's agent, Ronnie Myre, who decided she had a drink problem.

BBC: Their Story, Your Story