FIN Final Exam 2 A. adverse selectionB. moral hazard ttttC. zero-sum gameD. The Behavioral Principle1) Refers to situationswherein the agent can take unseen actions for personal benefit even though s

FIN Final Exam 2 A. adverse selectionB. moral hazard ttttC. zero-sum gameD. The Behavioral Principle1) Refers to situationswherein the agent can take unseen actions for personal benefit even though s

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A. adverse selection
B. moral hazard tttt
C. zero-sum game
D. The Behavioral Principle1) Refers to situations
wherein the agent can take unseen actions for personal benefit even though such
actions are costly to the principal.