The Principal-Agent Problem Is a Problem

question 89

Multiple Choice

The principal-agent problem is a problem

• A)caused by a person (principal)who hires an agent to act on his behalf but is unwilling to delegate authority to the agent to carry out the task in the best possible way.
• B)caused by agents pursuing their own interests rather than the interests of the principals who hired them.
• C)of the power system of boss and subordinate where the boss (principal)exerts influence over his subordinates (agents)using punishment or threat.
• D)that exists when a person (principal)has more information about the task than the agent he hires to perform the task.

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Definitions:

Suicidal Behavior Disorder

A classification being studied for possible inclusion in a future revision of DSM-5, in which individuals have tried to die by suicide within the last two years.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, which is a publication for the classification of mental disorders used by mental health professionals.

Edwin Shneidman

A pioneer in the field of suicidology who extensively studied the motives and psychology behind suicide.

Death Ignorer

A person who attempts suicide without recognizing the finality of death.