Examlex
According to the text, what is at the heart of emotional intelligence?
Majority Rule
A decision-making process where the choice supported by more than half of the participants becomes the decision, commonly used in democratic systems.
Voting System
A method for a group to select one or more options or candidates from a larger pool, often used in elections.
Asymmetric Information
A situation where one party in a transaction has more or better information than the other, leading to an imbalance in power and potentially unfair outcomes.
Hidden Action
A situation in which an agent's actions are not fully observable by the principal, potentially leading to moral hazard.
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