PRINCIPAL-AGENT PROBLEM
Conflicts of interest and moral hazard issues that arise when a principal hires an agent to perform specific duties that are in the best interest of the principal but may be costly, or not in the best interests of the agent. The principal-agent problem develops when a principal creates an environment in which an agent has incentives to align its interests with those of the principal, typically through incentives. Principals create incentives for the agent to act as the principal wants because the principal faces information asymmetry and risk with regards to whether the agent has effectively completed a contract.
POPULAR TERMS
Home Inspection
An examination of the condition of a real estate property often performed in connection with the sale of the property. A home inspector can assess ...
Wholesale Insurance
Wholesale Insurance is a type of coverage intended for employer groups that are too small to qualify for a true group coverage. It is also called f ...
Antitrust
The antitrust laws virtually cover ever industry and on every business level including marketing, distribution, transportation, and manufacturing. ...
UCCC
Uniform Consumer Credit Code (UCCC) is a code of conduct created for governing consumer credit transactions.
FHC
Engaged in nonbanking activities that offer customers a wide range of financial services, including the opportunity to buy insurance products and i ...
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SEE FOREX TUTORIAL
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Wholesale Price Index | Sep | |
| 11:00 | Industrial Production | Aug | |
| 14:10 | BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks | ||
| 23:45 | Visitor Arrivals | Aug | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 02:30 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 03:30 | CPI | Sep | |
| 03:30 | PPI | Sep | |
| 06:30 | Industrial Production | Aug |
