Agency Relations
This topic studies a basic problem in labor relations, the agency problem, focusing on just one of the transaction costs—inefficient risk allocation.
Exercises
- Proof reading (ref. 252)
- Discounts in fashion stores (ref. 253)
- Hotel extras (ref. 254)
- Copy center (ref. 255)
- Maids’ qualification (ref. 256)
- Star CEOs (ref. 260)
- How CEOs should be paid (ref. 261)
- Accidents and statistics (ref. 262)
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