Alvin Roth of Harvard Won the 2012 Nobel Prize in Economics

question 66

Multiple Choice

Alvin Roth of Harvard won the 2012 Nobel Prize in Economics for designing systems that allocate resources in innovative ways. For example, he designed a system that matches donated kidneys to recipients waiting for such donations. This system takes into account the needs of each perspective recipient, their blood type, and the urgency of their case. This allocation of resources is made using

• A) market price.
• B) auction.
• C) lottery.
• D) personal characteristics.

Explain the role of personal and societal expectations in adjustment.

Describe the impact of stress on physical and mental health.

Understand the concept of psychological hardiness and resilience.

Identify and explain Maslow's theory on self-actualization and how it relates to adjustment.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and possibly dividend rights.

Proxy Contest

A situation where two or more factions within a company struggle for control of the company by attempting to convince shareholders to endorse their side of the proxy ballot.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them a proportion of ownership.