Examlex
Most economists consider a theory a good one if it predicts well.
Rent-Seeking Behavior
Actions by individuals or firms aimed at manipulating the political or economic environment to acquire unearned income or profits.
Principal-Agent Problem
A conflict in priorities between a person or group making decisions on behalf of others (agent) and those who are affected by those decisions (principal).
Computer Software
Programs and other operating information used by a computer, enabling it to perform specific tasks and functions.
Legal Documents
Official papers that record agreements, rights, or responsibilities, which are enforceable by law.
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