Why is the originate-to-distribute business model subject to the principal-agent problem?

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Microeconomics

ISBN: 9781319105563

3rd Edition

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

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Question Posted: Mar 13, 2018 08:47 AM

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Why is the originate-to-distribute business model subject to the principal-agent problem?

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Because the agent for the ...View the full answer

Microeconomics

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