Examlex
Provide the structure of cyclohexanone oxime.
Incentive Conflict
A situation where parties have different, competing goals. In agency relationships, the different goals of principals and agents is an example of incentive conflict.
Agent
A person who acts on behalf of another individual (a principal). Principal–agent problems are created by the incentive conflict between principals and agents.
Principal
An individual who hires another (an agent) to act on his or her behalf.
Incentivize
To motivate or encourage someone by providing a reward or incentive.
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