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Answer to Question #66445 in Microeconomics for Iqbal hussain
Question #66445
Write short note on hidden information
Expert's answer
Hidden information refers to the situation where the agent has better knowledge about the decisions he/she is taking on behalf of the principal.
Sources: https://www.igi-global.com/dictionary/hidden- information/13003
Sources: https://www.igi-global.com/dictionary/hidden- information/13003
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