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Author Question: How can crime and punishment be modeled as a principal-agent problem? What does the model suggest ... (Read 66 times)

Mr3Hunna

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How can crime and punishment be modeled as a principal-agent problem? What does the model suggest about crime prevention?
 
  What will be an ideal response?

Question 2

How are most fundamental economic decisions now determined in China?
 
  A) The government decides because China is a centrally planned economy.
  B) Individuals, firms, and the government interact in a market to make these economic decisions.
  C) The United Nations decides because China is a developing economy.
  D) These decisions are made by the country's elders who have had much experience in answering these questions.


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JYan

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Mr3Hunna

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bassamabas

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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