The difficulty voters face in evaluating whether candidates for office share their values and preferences, and whether candidates are corrupt, creates a/an ________.

Question

Quizplus · Accepted Answer

The principal-agent problem arises when a principal (voters in this case) hires an agent (elected official) to act on their behalf but is unsure if the agent will act in their best interest. The difficulty voters face in evaluating whether candidates share their values and preferences, and whether candidates are corrupt, creates a principal-agent problem because voters cannot be certain if the elected official will act in their best interest or if they will abuse their power for personal gain.

The Difficulty Voters Face in Evaluating Whether Candidates for Office