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The Principal Agent Problem - Why football agents cause so much trouble.

The rumblings generated by the recent football transfer window have inspired this week’s edition of EzyEconomics News.

It looks at the impact the principal agent problem and misaligned incentives have on the market for professional footballers and houses.

Apart from considering the general background to this issue if also looks at some economic research (Rutherford, Springer and Yavas) that measured the possible extent of this distortion in the housing market.

 

Achieving affordable housing and rents
Extended Essays and Evalaution - Macro
 

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Tuesday, 10 December 2019
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