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Suppose that you are looking at to buy a used car and the value of that car is either $5000 (a lemon)or $10,000 (a jewel)with equal probability. If you make an offer of less than
$10,000 and your offer is accepted what kind of car did you buy?
Ethical Intensity
Refers to the perceived importance or moral significance of an ethical issue, affecting how it is recognized, considered, and acted upon by individuals.
Magnitude of Consequences
The significance or impact of the outcomes resulting from a decision or action, considering both its positive and negative aspects.
Social Consensus
Agreement within a group or society on beliefs, values, or social norms.
Self-Serving Decisions
Decisions made with the primary goal of benefiting oneself, often at the expense of others or the common good.
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