Examlex
An interview in which the person being interviewed is allowed to determine the direction of the interview is called a(n) ____ interview.
Incentive Contracts
Contracts designed to align the interests of parties by providing rewards based on performance.
Shirking
The behavior of avoiding or neglecting responsibilities, typically in the context of employment or duties.
Monitoring
The process of systematically observing, checking, and recording activities or data for a specific purpose, often used in contexts of quality control, surveillance, or tracking.
Moral Hazard
The risk that one party to a transaction might engage in behavior that is undesirable from the other's standpoint, because the latter cannot effectively control such behavior.
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