Examlex
What do older adults typically consider when choosing the right time to retire?
Equity
Equity refers to fairness or justice in the way people are treated. In financial contexts, it also represents the ownership interest of shareholders in a corporation.
Equity Theory
A theory in social psychology that explains how individuals gauge the fairness of their work outcomes and inputs relative to others.
Expectancy Theory
A motivational theory suggesting that individuals are motivated to perform if they believe their efforts will lead to desired performance and rewards.
Retributive Justice Theory
A theory of justice that holds that the best response to a crime is a punishment proportional to the offense, inflicted because the offender deserves the punishment.
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