Examlex
Find the exact value of each expression, if it is defined.
(a)
(b)
(c)
Pork-Barrel Politics
The allocation of government spending for localized projects secured primarily to bring money to a representative's district, with the implication of gaining the representative favor or votes.
Rent-Seeking Behavior
denotes efforts to increase one's share of existing wealth without creating new wealth, often through manipulation or exploitation of the political environment.
Principal-Agent Problem
A dilemma in which an agent, acting on behalf of a principal, may have incentives to act in their own interest rather than in the best interest of the principal.
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