Examlex
A student has to take 9 more courses before he can graduate. If none of the courses are prerequisite to others, how many groups of four courses can he select for the next semester?
System 1
Refers to the fast, instinctive, and emotional way of thinking in Daniel Kahneman's dual-process theory of the mind, contrasting with the slower, more logical System 2.
Ultimatum Game
A game in economic experiments where one party proposes how to divide a sum of money with another party, who can accept or reject the proposal.
Private Interests
Interests or objectives pursued by individuals or entities primarily for their own benefit rather than for the common good.
Social Interests
The collective welfare and interests of a community or society as a whole, often considered in policy-making and economics.
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