Private equity companies have much less of a principal-agent problem than do Citicorp, Bears Sterns and other publicly traded companies because private equity companies have a concentrated ownership.

比起花旗集团和贝尔斯登，私人实体企业与委托代理问题无多少关联，这是因为其拥有集中的所有制。

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Starting from analyzing the essence of trust, the paper discusses how the trust problem to emerge and at last, solves the trust problems in E-retailing with the principal-agent theory.

从分析信任问题的本质开始，讨论信任问题是如何产生的，最后用委托代理理论来解决电子零售业中的信任问题。

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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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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.

FORBES: Entrepreneurs are the New Labor: Part I