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The Principal-Agent Relationship Between the Actuary and the Pension Administrator
influences the quality of information U E R. The quality of information, U, may be interpreted as the cost ... received by the administrator. We admit uncertainty, so U may be dependent on the state of world, 0 E (3, where ...- Authors: Jennjung Wu
- Date: Jan 1999
- Competency: External Forces & Industry Knowledge
- Publication Name: Actuarial Research Clearing House
- Topics: Actuarial Profession>Best practices; Pensions & Retirement