Latest / Economics Happy Hour Podcast
What is the Principal-Agent Problem and How Do We Address It?
Matt & Jadrian tackle the Principal-Agent Problem, where one party entrusts another to act on their behalf. From CEO decision-making to waiting tables to real estate transactions, they examine how the interests of principals and agents can diverge and what people can do to possibly fix it. Tune in for an insightful discussion on potential solutions, like aligning incentives and changing contract structures. They also discuss the latest realtor settlement and offer predictions on its impact, from cheaper homes to potential market shifts.
In this episode, we discuss:
* What the principal-agent…
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