Examlex
Some statisticians consider a Likert-type item to be an ordinal-level scale, whereas others consider it to be an interval-level scale. Why?
Dictator Game
A behavioral economics experiment that tests how fairly individuals split money or resources between themselves and others without enforcement mechanisms.
Ultimatum Game
A game in economic experiments where one player proposes a division of a sum of money and the other player can accept or reject the proposal, testing concepts of fairness and decision-making.
Behavioral Economists
Economists who study the effects of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions.
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