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Tuesday, December 20, 2011

Holy P-A Theory, Batman!

Thanks to CNNSI's website, we have a great example of a core principal-agent concept--shirking:


Of course, if the guy had known he was on camera, he would not have tossed the monitor over the fence. 

Precisely.

*  And no, I ducked all P-A theory in grad school.  But I have found it useful in my current project.

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