After completing the course, participants will be able to: Define, identify, and give examples of (a) shirking, (b) free riding, (c) shrinkage, (d) pressure, (e) adverse selection, (f) moral hazard, and (g) risk shifting Discuss the conditions that promote opportunism, including (a) relationship, (b) information asymmetry, (c) small numbers, (d) bounded rationality, (e) cost of […]
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