| English term or phrase: principal-agent problem | Min text: Finally, incomplete information lies at the source of principal-agent problems, in the same way as when a builder or landlord chooses the level of investment in energy efficiency in a building but the energy bills are paid by a later purchaser or tenant.
Wikipedia: "In political science and economics, the principal-agent problem treats the difficulties that arise under conditions of incomplete and asymmetric information when a principal hires an agent. Various mechanisms may be used to try to align the interests of the agent with those of the principal, such as piece rates/commissions, profit sharing, efficiency wages, the agent posting a bond, or fear of firing. The principal-agent problem is found in most employer/employee relationships, for example, when stockholders hire top executives of corporations. ..."
Men finns det något vedertaget begrepp på svenska? |
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The translation workplace 
peer agreement (net): +3
