The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their
constituents.

Name: The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents.
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Question

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The "principal-agent problem" arises when there is a conflict of interest between a principal (e.g., constituents) and an agent (e.g., politicians), where the agent may not always act in the best interests of the principal.

The "Principal-Agent Problem" Often Arises in Public Choice When Politicians