Principle Agent Problem
Subject:
Economics [1]
Nick Olson Per. 6 Principal Agent Problem My article was from BBC on about ?Rogue Doorstep Traders,? published on November 14th, 2009. The concept behind these rouge traders is that a private company of home improvement workers go door to door and sell their home improvement services to private houses. The parties agree on the adjustments being made and the trader does the work, but the work that the traders often do is a simple coat to cover up the old or worn part of the house.