​Bid-Rigging Is More Likely When

question 72

Multiple Choice

​Bid-rigging is more likely when

• A)​auctions are for larger amounts
• B)auctions are infrequent
• C)auctions are oral
• D)​auctions are sealed-bid

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Definitions:

Institutional Discrimination

Systemic policies or practices within organizations or societies that disadvantage certain groups.

Stereotype Threat

The feeling of worry or nervousness in circumstances where an individual might inadvertently validate a negative cliché associated with their societal group.

Ingroup Bias

The tendency to favor and prioritize the interests of one's own group over those of others, often leading to prejudice and discrimination.

Warmth and Competence

A social psychology model evaluating how individuals perceive others based on their warmth (friendliness, trustworthiness) and competence (efficacy, skill).