Examlex
Among the six core values of the NASW Code of Ethics, the _____ is described as valuing the dynamic reciprocal interactions between social workers and clients, including how they communicate, think and feel about each other, and behave toward each other.
Asymmetric Information
A situation in which one party in a transaction has more or significantly better information than the other, leading to an imbalance in the transaction.
Moral-Hazard
A situation where one party is more likely to take risks because the consequences of those risks will be felt by another party.
Principal-Agent Problem
A dilemma arising from a conflict of interest between a principal (someone who entrusts a task) and an agent (the one performing the task), where the agent may not act in the best interest of the principal.
Behavioral Asymmetry
A situation in economic or psychological contexts where individuals or entities exhibit uneven or unequal behavioral responses under similar circumstances.
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