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Pain avoidance model - PowerPoint PPT Presentation

Self-Interests & The Agency Problem

Self-Interests & The Agency Problem. RECAP: What Do We Know So Far?. Human nature, in general, can be best described by the REMM model: We are resourceful, evaluative, and seek to enjoy the highest level of value possible (I.e., we are utilitiy maximizers) (Jensen and Meckling, 1994)

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Pain avoidance model - PowerPoint PPT Presentation

Self-Interests &amp; The Agency Problem

Self-Interests & The Agency Problem