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1- What are the essential features of a principal-agent problem?
2- Why is "hidden information" a crucial element of any principal-agent problem?
3- Show that, optimally in a principal-agent problem, the agent is rewarded if the signal observed is likely given the action the principal desires of the agent, and unlikely given any different action, while the agent is "punished" in the opposite situation.
4- In the context of a principal-agent problem, explain the "incentive intensity principle" and the "equal compensation principle".
A 40-kg firl and an 8.4-kg sled are on the surface of a frozen lake, 15 m apart. By means of a rope the girl exerts a 5.2-N force on the sled, How far from the girl's intial position do they meet
If a scuba diver descends also quickly into the sea, the internal pressure on all eardrum remains at atmospheric pressure while the external pressure increases due to the increased water depth. At sufficient depths, the dissimilarity between the exte..
the current increases from 10 ma to 45 ma in a 90 mh inductor over 10 s. what is the induced emf across the
Find what volume of water is displaced by a submerged 4 kilogram cylinder made of iron? (Iron density =7.86 x 103 kg/m3
A barge has vertical sides and a flat bottom of 320 ft^2 area. when partially filled, the barge is immersed in fresh water to a depth of 2 ft. upon removal of the load the barge rises 16.0 in.
A motorist drives along a straight road at a constant speed of 20.5 m/s. Find the speed of the officer as he overtakes the motorist
A toy cannon uses a spring to project a 5.24 g soft rubber ball. The spring is originally compressed by 4.96 cm and has a force steady of 8.03 N/m.
A light bulb is wired in series with a 133 ohm resistor, and they are connected across a 120 Volt source. Determine the two possible resistances of the light bulb
A small 12 gram bug stands at one end of a thin uniform bar that is initially at rest on a smooth horizontal table. Find the angular speed of bar after frisky insect leaps
You are given 35.000 cm of copper wire with diameter 2.0000 mm. It is formed into a circular loop, At what rate is thermal energy generated in the loop
A 1.00 V potential difference is maintained across a 9.0 resistor for a period of 16.0 s. What total charge passes through the wire in this time interval
When a person inhales, air moves down the bronchus (windpipe)at 16 cm/s. determine the pressure drop in the constriction
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