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02-03-2019
Business

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A problem for equity contracts is a particular type of called the problem. moral hazard; principal-agent adverse selection; free-rider moral hazard; free-rider adverse selection; principal-agent

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03-03-2019

moral hazard; principal-agent adverse selection.

Principal-agent adverse selection refers to entering into a contract when there is different information on both sides- one party knows something the other side doesn't know.

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