Exploring Agency Theory in Business and Economics

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| Questions: 3 | Updated: Aug 4, 2025
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1. What did Axelrod & Dion study in 1988?

Explanation

Axelrod & Dion in 1988 studied the further evolution of cooperation, specifically in relation to game theory.

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Exploring Agency Theory In Business And Economics - Quiz

Explore the dynamics of Principal-Agent Theory, focusing on the relationships and conflicts between principals (owners) and agents (managers). This quiz assesses understanding of agency problems and mechanisms for aligning interests, crucial for effective business and economic management.

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2. What was the focus of Kochar's 1996 study?

Explanation

Kochar's 1996 study specifically delved into explaining firm capital structure and the contrasting roles of agency theory and transaction cost theory.

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3. What is the title of the research paper by Wathne & Heide (2000)?

Explanation

The correct title of the research paper by Wathne & Heide (2000) is 'Opportunism in interfirm relationships: Forms, outcomes and solutions.' The incorrect answers do not accurately reflect the focus of their study on opportunism in interfirm relationships.

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What did Axelrod & Dion study in 1988?
What was the focus of Kochar's 1996 study?
What is the title of the research paper by Wathne & Heide (2000)?
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