Examlex
What is the connection between district magnitude and the permissiveness of an electoral system?
Dealer
An individual or firm involved in the business of buying and selling securities for their own account or for others.
Agency Costs
Costs arising from the conflict of interest between a principal (such as a shareholder) and an agent (such as a company manager), including monitoring and contracting costs.
Moral Hazard
A situation in economics where one party can take risks because they do not bear the full consequences of their actions, often due to asymmetric information or a disconnect between actions and consequences.
Information Gathering
The process of collecting data and information from various sources to make informed decisions or understand situations better.
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