What Is the Principal-Agent Problem?

The principal-agent problem is one that pops up all the time in our daily lives. How have you dealt with asymmetric information in the past? ----------------------------------------------------------------------------------------- Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Dictionary of Economics Course: http://bit.ly/2EWL3vW Additional practice questions: http://bit.ly/2CngKNn Ask a question about the video: http://bit.ly/2oyZ9IY Help translate this video: http://bit.ly/2ov91Ef