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Agency Costs vs Marginal Utility - Why More Incentives Don't Translate to Better Outcomes
27:56
YouTubeAnalytics in Practice
Agency Costs vs Marginal Utility - Why More Incentives Don't Translate to Better Outcomes
Studying agency costs versus marginal utility matters because it separates two different reasons performance can disappoint, and each one needs a different remedy. Agency costs are losses that arise when incentives between a principal (owner, client, shareholder) and an agent (manager, advisor, employee) are misaligned, causing actions that ...
1 views4 hours ago
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Marginal Utility Curve Explained | Economics 12th
Marginal Utility Curve Explained | Economics 12th
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