Based on the Implications of the Exit, Voice, and Loyalty

question 15

Multiple Choice

Based on the implications of the Exit, Voice, and Loyalty game, what should we expect the relationship to be between oil wealth and the prospects for democratization?

• A) Oil wealth should be positively correlated with democratization.
• B) Oil wealth should be negatively correlated with democratization.
• C) There is no correlation between oil wealth and democratization.

---

Definitions:

Reservation Point

The lowest acceptable value or outcome an individual is willing to accept in a negotiation.

Conflict Management Styles

The approaches and techniques used by individuals or groups to handle disagreements, confrontations, or disputes effectively.

Conflict Situations

Circumstances that arise when the interests, needs, goals, or values of involved parties interfere with one another.

Potential Implications

Possible effects, outcomes, or consequences that could arise from a particular action, decision, or event.