Examlex
To Weber, the rise of bureaucratic organizations is an expression of
Revealed Preferred
A concept in consumer choice theory that preferences can be determined by observing consumer choices under different constraints.
Violates WARP
Refers to a situation where an individual's choice behavior contradicts the Weak Axiom of Revealed Preferences, suggesting inconsistency in their preferences.
Bundle
A combination of goods or services that are sold or consumed together.
Revealed Preferred
Another term for revealed preference, emphasizing the process of deducing preferences by observing actual choices under constraints.
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