Examlex
In behavioral economics, the term salience refers to
Marginal Utility
The extra pleasure or benefit gained from using one more unit of a product or service.
Utilitarian Justice
A principle focusing on the greatest happiness or benefit for the greatest number of people as the measure of what is just.
Rawlsian Justice
A theory of justice developed by John Rawls that emphasizes equal basic rights, equality of opportunity, and the promotion of the interests of the least advantaged members of society.
Social Contract
A theory or model that explains the origin of society and government as an implicit agreement among individuals to ensure collective security and welfare.
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