How to pronounce“principal agent”in English

principal agent problem here you have different incentives between the owners and

The principal agent problem is the fact there is a divergence of interest between the principal, that is the business or shareholder,

The principal agent problem is-- again, keep in mind I'm not an economist.

a principal agent problem.

You guys knows the principal agent problem?

But the principal agent notion in economics argues that when there are two parties, let's say, a principal and agent, who would seem

And the principal agent.

a classic principal agent problem.

1950 the first principal agent model of employment, that's pretty good.

if there aren't principal agent problems and if stakeholders can be aligned throughout the value chain from the patient to the provider,

And you are right that these principal agent problems, we should not be naive.

it's sort of a principal agent type of a problem where what you're trying to do essentially is think about rules which will

So we think about this principal agent, where everything is complete, everything is specified, and so something wrong happens, we can go ahead and punish the person.

So what would a standard principal agent model say about what will happen in these firms?

law law if there's this principal agent thing if you are a uh principal and I'm an agent on your behalf I don't have a game theoretic

And Ross's coined a finding called the principal agent problem, and it explains a lot of problems in marketing.

group of economists came in with this theory called the principal agent theory and the idea there is that the principals who are the managers have a different motivation than the… I’m sorry,

You can think about that a little bit in terms of principal agent problems or incomplete contracts.

And there are all kinds of other incentives, principal agent frictions at every single stage, which means that, you know, it's not going to be a world where you

But the way the real world works, you often have a principal agent dilemma, which is that the principal has a clear goal

legal services is a big area, just in part because of the principal agent problem.

Missile-lined incentives, where not, not just principal agent problems.

We were able to look at the interaction between law enforcement and prostitution, which illustrates really beautifully what's known as the principal agent problem.

So as it turns out, from the data what we learned about this particular case of the principal agent problem was that a given prostitute in Chicago

In any other area of business, in any other area of finance, the principal agent problem is considered to be a huge obstacle.

And so I think if we can get rid of those assumptions that you’ve got a principal agent problem and that managers are responsible

The first one is a theoretical point that says, all you need for these results to be there is standard principal agent theory.