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A problem associated with the principal-agent relationship is
Harmful Health
A condition or state where health is adversely affected, typically used to describe effects or outcomes that are detrimental to an individual's well-being.
Environmental Effects
Impacts on the natural world due to human activity or natural processes, often evaluated in terms of changes to ecosystems, climate, and biodiversity.
Tradable Environmental Permits
Market-based instruments allowing for the buying and selling of pollution allowances, aiming to reduce harmful emissions cost-effectively.
Disadvantages
The negative or less favorable aspects of something that may hinder progress, success, or satisfaction in certain contexts.
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