The Unified Model of McGinn and Colleagues (2015) Relies on the Notion

question 8

Multiple Choice

The unified model of McGinn and colleagues (2015) relies on the notion of

• A) obsessive tendencies
• B) positive psychology
• C) vulnerability
• D) all of the above

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Definitions:

Fairness

A person’s opinion as to whether a price, wage, or allocation is considered morally or ethically acceptable.

Systematic Errors

Suboptimal choices that (1) are not rational because they do not maximize a person’s chances of achieving his or her goals and (2) occur routinely, repeatedly, and predictably.

Self-Interested

Acting in a way that is most beneficial to oneself, often used in the context of economic behavior assuming individuals act to maximize their own welfare.

Willpower

The ability to resist short-term temptations in order to meet long-term goals.