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If k is not zero, the graph of the power function is concave up.
Social Interests
The collective welfare and interests of a community or society as a whole, often considered in policy-making and economics.
Unfair
An act or circumstance that is unjust, biased, or inequitable, often violating ethical standards or social norms.
Behavioral Economists
Specialists in a field of economics that explores how psychological, social, cognitive, and emotional factors affect the economic decisions of individuals and institutions.
Ultimatum Game
The ultimatum game is a game theory experiment where two players decide how to divide a sum of money; one proposes the division and the other can accept or reject it, where rejection means neither gets anything.
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