Examlex
The replacement chart is a great resource in __________.
Rawlsian Justice
A theory of distributional justice that concludes that the social contract emerging from the “original position” would call for an income distribution that would maximize the well-being of the worst-off member of society.
Risk Averse
A preference for avoiding loss over making a gain.
Marginal Utility
The extra pleasure or benefit gained from using one more unit of a product or service.
Utilitarian Justice
A principle focusing on the greatest happiness or benefit for the greatest number of people as the measure of what is just.
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