Rational Ignorance Can Be Seen in Which of the Following

question 34

Multiple Choice

Rational ignorance can be seen in which of the following scenarios?

• A) A student has a final exam in exactly three hours. He knows from past experience that without at least some sleep he will be useless on the exam. In spite of the fact that he still has four chapters to read for the exam, he decides to sleep for 2.5 hours.
• B) You are a worker looking for work in a recessionary environment. You get a phone interview after which you are offered a job and have to start the next day. To secure a paycheck, you accept without doing any further research on the company.
• C) You have to fly urgently. You buy the first ticket available and it is expensive, but you pay anyway because you do not have time to research other flights.
• D) All of these examples illustrate cases of rational ignorance.

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Definitions:

Employee Relations

The management of relationships between employers and employees, focusing on minimizing conflicts and fostering a positive, productive workplace environment.

Organizational Standards

Established norms and criteria within an organization that guide the quality and performance of its processes, products, or services.

Progressive Discipline

The use of stronger and stronger penalties for repeated offences.

Corrective Discipline

Discipline that follows a rule infraction.