Speakur

Word Pronunciation & Dictionary

principal-agent problem

Word Rarity Uncommon

Frequency: Zipf frequency 4.30 in modern English

Syllables
prin-ci-pal-a-gen-t prob-lem
IPA
34
Scrabble Score
21
Letters
7
Syllables
13
Unique Chars

Meaning

noun

The problem that a person or entity serving as an agent for another, and able to make decisions on the other's behalf, may be motivated instead to make decisions that benefit themselves.

Inflected Forms

principal-agent problems (plural)

Synonyms

agency dilemma agency problem

Questions

What does principal-agent problem mean?
The problem that a person or entity serving as an agent for another, and able to make decisions on the other's behalf, may be motivated instead to make decisions that benefit themselves.

How to pronounce principal-agent problem

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