BMAN30702CORPORATE CONTRACTING AND MANAGERIAL Behaviourmay/June 2023SECTION B (Answer Both Questions )1.Hölmstrom (1979) Presents The Principal-Agent Problem In The Following Way:Maximisee{G[X− S(X)]} (1)S(X),Asubject Toe[H(S(X), A]) H (2)Anda Arg Max E{H[S(X),A'
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