Delta Corp faces potential cybersecurity breaches with estim…

Delta Corp faces potential cybersecurity breaches with estimated costs based on breach severity: • No breach: Probability = 0.60 • Minor breach (data exposure): Probability = 0.25, Cost = $150,000 • Major breach (data theft): Probability = 0.15, Cost = $4,750,000 What is the expected value of a cybersecurity breach for Delta Corp this year?  

You own an ice cream store and are concerned that an employe…

You own an ice cream store and are concerned that an employee may be giving generous scoops to friends and relatives and smaller scoops to some other customers. This may be reducing sales. In this example, you are the principal and the your employee is the agent agent and the your employee is the principal signaler and the your employee is the screener screener and the owner of the coffee ship is the signaler