This was the best explanation. What do you call the problem when someone else is paying for a service, and you have to use the service, but you have no say in how the service is performed? For example, your children pay for your nursing home, and you are treated poorly, but you cannot fire the nurse, as you are not the customer. I thought that was the principal agent problem, but I think it is called something else now.
This was the best explanation.
What do you call the problem when someone else is paying for a service, and you have to use the service, but you have no say in how the service is performed? For example, your children pay for your nursing home, and you are treated poorly, but you cannot fire the nurse, as you are not the customer. I thought that was the principal agent problem, but I think it is called something else now.
you make this topic very easy,thanks!!!!
your the man
very nice!
Thanks man.