If there isn't sufficient information available,then which of the following approaches to reduce conflicts of interest will have the lowest probability of working?

Question

Quizplus · Accepted Answer

Leaving it to the market means that the conflicting parties will have to resolve their conflicts and reach an agreement without any external intervention. However, without sufficient information, the market may not be well-informed enough to make a fair decision. Therefore, this approach will have the lowest probability of working in reducing conflicts of interest when there isn't enough information available. The other three options (supervisory oversight, separation of functions, and socialization of information production) are all designed to mitigate conflicts of interest and are more likely to be effective even if there isn't enough information available.

If There Isn't Sufficient Information Available,then Which of the Following