Examlex
The number of administration staff to employ would be considered a state of nature for a business firm.
Insider Trading
The illegal activity of trading a public company's stock or other securities by individuals with access to non-public, material information.
Externality
In economics, a cost or benefit resulting from an activity that affects individuals or entities who did not choose to be involved in the situation.
Causal Attributions
involves the process by which individuals assign causes to behaviors and events, affecting how they perceive and react to situations.
Basic Model
A simplified representation or prototype that serves as the starting point for understanding complex systems or concepts.
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