Examlex
Define each of the following and briefly explain why it is relevant to the study of political parties.
-Open primaries.
Commitment Device
A strategy or mechanism designed to help people stick to their long-term goals by limiting access to short-term temptations.
Vertical Differentiation
Refers to the process of distinguishing products or services based on their quality, features, or performance rather than price.
Megapixels
A measure of the resolution of digital cameras or images, equivalent to one million pixels.
Behavioral Economics
is a field of economics that studies how psychological, emotional, cultural, and social factors affect economic decisions of individuals and institutions.
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