Principal–agent problem
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In political science and economics, the principal–agent problem or agency dilemma concerns the difficulties in motivating one party (the "agent"), to act in the best interests of another (the "principal") rather than in his or her own interests.
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See also
- Adverse selection
- Agency cost
- Contract theory
- Control fraud
- Cost overrun
- Governance
- Law of agency
- Rent seeking
- Structure and agency
- The Market for Lemons
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