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A fundamental challenge in economics and governance where one party (the agent) makes decisions on behalf of another (the principal), but their interests may diverge. In institutional settings, this creates systematic misalignment that undermines long-term mission achievement. IRSA's research addresses this through Architectures of Ease, which structurally aligns incentives rather than relying on monitoring or contracts.
A nonprofit board (principal) hires an executive director (agent) who maximises their own career outcomes rather than mission impact. Traditional solutions add oversight; our Architectures of Ease approach redesigns the system so the easiest path for the agent is also the best path for the mission.
See: Architectures of Ease, Alignment Capital