Re:Johann Wolfgang von Goethe, Amateur Auction Theorist
by erikb on Friday June 03, 2016 @03:32PM
(#11832618)
A pity that you propose the problem but not a solution. What would you propose to overcome the principal-agent problem in that regard? A tournament between different lawyers (proposed solution by wikipedia for prinipal-agent problem) doesn't really seem to work since it would only make sense after comparing the results of many transactions and of many lawyers.
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