Question: 1. The articles below is my classmate discussion post Can you please look through the responses of classmates and find a response with an opinion

1. The articles below is my classmate discussion post Can you please look through the responses of classmates and find a response with an opinion that is opposite to your opinion. Respond to that posting with an additional argument that has supporting reasoning ? 2. Can you please include at least 2 references with accurate link each of the new sources using Citation format ?

1. The articles below is my classmate discussion
1. Characteristics of the Pilgrims' Relationship with Their Investors that Made it Ripe for Moral Hazard The Jelationship between the Pilgrims and their investors was characterized by several elements that made it susceptible to moral hazard: . Geographical Distance and Isolation: The investors in London could not easily monitor the actions and performance of the Pilgrims in the New World. This lack of oversight created opportunities for the Pilgrims to prioritize their interests over those of the investors. . Diverging Interests: The Pilgrims had long-term religious and community goals, while the investors were primarily interested in quick financial returns. This divergence meant that the Pilgrims might not always act in ways that maximized immediate economic benefits. . Information Asymmetry: The Pilgrims had more information about their daily activities and challenges in the New World than the investors, who relied on occasional reports. This imbalance made it difficult for investors to assess whether the Pilgrims worked diligently towards the venture's financial success. . Principal-Agent Problem: The investors (principals) had to trust the Pilgrims (agents) to act in their best financial interests. However, the Pilgrims had the opportunity and potential motivation to act in ways that might not align with the investor's financial goals, such as focusing on religious practices rather than economic productivity

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