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question archive 1)Determine the ways Southwest Airlines is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with it

1)Determine the ways Southwest Airlines is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with it

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1)Determine the ways Southwest Airlines is dealing with the moral hazard problem, and suggest best practices used in the industry to deal with it.

2)Identify a principal-agent problem in Southwest Airlines, and evaluate the tools it uses to align incentives and improve profitability.

3)Why do monopolies arise? Explain.

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