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3. [I'll points] The phrase seientia potentia est (or seientia out potential or also seientia poteslns est) is a Latin aphorism meaning knowledge is power.
3. [I'll points] The phrase "seientia potentia est\" (or "seientia out potential\" or also "seientia poteslns est") is a Latin aphorism meaning "knowledge is power.\" Considering our discussion ofprineipalaagent problems: 3. Present a counter-example to this statement where knowing more than your opponnt (having private information) is not to your advantage, that is you would he better off ifyour opponent had the same information you had. Make sure to specify the content of the private information you refer to in your example. h. Present an example in line with this statement where knowing more than your opponent (having private information} is to your advantage, that is you may be better off just because your opponent does not have the same information. Make sure to specify the eontent of the private information you refer to in your example
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