Question: Question 1 (15 marks) Explain how the four (4) factors of the incentive intensity principle apply to: (i) (5 marks) A linear contract with one

Question 1 (15 marks) Explain how the four (4) factors of

Question 1 (15 marks) Explain how the four (4) factors of the incentive intensity principle apply to: (i) (5 marks) A linear contract with one agent? (ii) (5 marks) A multitasking linear contract with subjective performance evaluation (SPE)? (iii) (5 marks) A linear contract with two (2) agents and with a relative performance evaluation (RPE)

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