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Which of the following is one of the most important potential consequences of asymmetric information? Group of answer choices Agents can take advantage of principals
Which of the following is one of the most important potential consequences of asymmetric information? Group of answer choices Agents can take advantage of principals by not performing as expected The party with the lower level of information feels stupid and realizes a reduction in self esteem The party with the lower level of information gets lower scores on healthcare economics quizzes Principals can decide which agents to hireTwo common responses to asymmetric information and potential opportunistic behavior are monitoring agents and creating incentives to encourage agent performance to principals' expectations. Which of the following is an example of creating incentives to encourage compliance? Group of answer choices Utilization review by insurance companies of provider referral practices Paying bonuses to providers whose patients realize desired health outcomes Inspecting provider claims records for evidence of fraud UCF has a program where students can be required to take online quizzes in front of a web camera and to show their ID to the camera before the exam begins
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