The principal-agent problem

posted by
December 6, 2011
Liberale et Libertaire
by dL  
Posted in Commentary

"This appears to be a breakthrough in the textbook principal-agent problem. The textbook tells us that it should be the principal, in the case, the Israeli Lobby, which should bear the Asymmetric information costs of monitoring the conflict of interest on the part of its agent, in this case the American Political Parties." (12/05/11)

http://tinyurl.com/7vdwuo7  

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