Describe principal-agent issues at various levels of the


Principal-agent issues you have observed where you work (orwhere you last worked or volunteered)

a. Name and describe who the principals are.

b. Describe principal-agent issues at various levels of the organization, and explain how they arise, using the concepts from

c. (a) How, and (b) under what circumstances, does this organization work to mitigate principal-agent issues in the following ways:

(1) monitoring

(2) individual performance-based incentives

(3) team performance-based incentives

(4) centralization in decision-making

(5) decentralization in decision-making

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Microeconomics: Describe principal-agent issues at various levels of the
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