The book attached “what money can’t buy” has case studies, of which the case study ” your ad here” is my topic. I am required to discuss the case study using the following concepts that we have studied in our book ” Core Economic,” which is attached.
The concepts are
Pareto efficiency, fairness, asymmetric information/ principle-agent problem, hidden action (moral hazard), hidden attributes (adverse selection), negative externality, incomplete contracts, and missing markets.
In the assignment, you must discuss/reference at least three or more of these concepts. You must read the case and write your reflections in your own words in 800-1000 words.
Please see the attachments for reference; thank you for your help.
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