Who in their right mind buys single-ply toilet paper? There’s not much difference in price and the experience is totally different. Only someone buying toilet paper for someone else would buy single-ply toilet paper. This is the Principal-Agent Problem. How people act on another's behalf when their interests are not aligned.
The Principal-Agent Problem
The Principal-Agent Problem
The Principal-Agent Problem
Who in their right mind buys single-ply toilet paper? There’s not much difference in price and the experience is totally different. Only someone buying toilet paper for someone else would buy single-ply toilet paper. This is the Principal-Agent Problem. How people act on another's behalf when their interests are not aligned.