(a) Differentiate between hidden information and hidden action. Suggest measures for
minimizing the consequences of such problems.
1
Expert's answer
2018-05-28T13:41:08-0400
(a) Hidden action and hidden information: After the contract is made, one of the actors' actions cannot be observed (hidden action); if it can be observed, its qualities cannot be determined (hidden information).
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
Comments
Leave a comment