If After a Change in an Allocation It Can Be

question 92

True/False

If after a change in an allocation it can be demonstrated that the value of the gains exceeds the value of the losses, then the change is said to be potentially efficient.

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Definitions:

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Relationship Satisfaction

The degree of contentment and fulfilment one feels in their romantic partnership, often influenced by communication, emotional support, and shared values.

Equity

The principle of fairness and impartiality, often applied in the context of law, finance, and social justice.

Psychological Exchange Theory

A social psychology concept suggesting that interpersonal relationships are formed and maintained based on perceived rewards and costs, mutual benefits, and fairness.