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I believe this is related https://en.wikipedia.org/wiki/Principal%E2%80%93agent_problem?wprov=sfti1# https://en.wikipedia.org/wiki/Principal%E2%80%93agent_prob

• jamestimmins 3y ago
  Does it though? It seems like the Principal Agent problem arises when they're theoretically supposed to act on behalf of each other, but in reality they have their own incentives that undermine that effort. With legislation, the two parties are inherently in opposition, almost by design.