Sentences with phrase «when economic agents»

Not exact matches

There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.

However, they decline to acknowledge that the rules themselves are often ambiguous, that they are interpreted and applied by themselves and other human agents, that those agents are susceptible to cultural, social, and economic influences, and that legal rules are often circumnavigated or disregarded when they run counter to the felt necessities of the time or the interests of powerful clients.

When Alabama car insurance agents calculate premiums, they account for local climate, topographical features, economic conditions, rate of uninsured vehicles and population density, among other factors.

In summary, all of the factors listed in the REM question will influence the processes that the real estate agent uses when working with the seller and the buyer, but the bigger impact will come from economic and social factors that will directly affect the number of sellers and buyers in the marketplace.